41-1a-1104 - Disposition of proceeds from sale. - Utah Statutes

41-1a-1104. Disposition of proceeds from sale.
(1) If, for purposes of this part and Section 41-1a-1301, the ownership of a vehicle,vessel, or outboard motor seized cannot be determined, the excess of the proceeds of any saleover the fees for registration or transfer and penalties and costs shall be deposited with the statetreasurer in a suspense account.
(2) (a) If the owner or the owner's heirs or assigns file a claim for the excess of theproceeds within one year of date of sale of the vehicle, vessel, or outboard motor, the excess ofthe proceeds shall be refunded to the claimant.
(b) If a claim is not filed in accordance with Subsection (2)(a), then the money shall bedeposited in the General Fund.

Amended by Chapter 56, 2005 General Session