§ 30-104. Disposition of proceeds of impoundment sale.

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All funds received from the sale of a vehicle sold as provided in this article shall be applied first to the payment of any costs, charges, fees or fines due the city and assessed against the vehicle or owner thereof; and the balance, if any, shall be placed in a separate account by the city. Any time within one year after the sale, if the owner presents himself and presents due proof that he was the owner of the vehicle that was sold, the balance of the funds remaining after the payment of the aforesaid charges shall be paid to him, but if more than one year expires from the date of the sale without anyone presenting himself to claim the balance and presenting legal proof of his right thereto, then such balance shall be paid into the city treasury and become the property of the city.

(Code 1968, § 14-73)

                    
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