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Section 21-49-29 - Application of sale proceeds.

21-49-29. Application of sale proceeds. It shall be the duty of any officer who conducts any such sale to apply the proceeds in the following priority:
(1) To the payment of the expenses of sale;
(2) To the payment of the costs included in the judgment upon which sale was made;
(3) To the discharge of the debt adjudged to be due;
(4) To pay the surplus, if any, into court for the use of the defendants subject to the order of the court.

Source: SL 1977, ch 187, § 18.

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