Alaska Statutes Sec. 28.11.110 - Abandoned Motor Vehicle Fund

(a) There is created in the department an abandoned motor vehicle fund, to be composed of appropriations by the legislature and proceeds from the sale of abandoned motor vehicles.

(b) The proceeds from the sale of an abandoned motor vehicle under this chapter, after deducting the cost of impounding, advertising, and selling the vehicle, shall be deposited in the fund set out in (a) of this section.

(c) Money in the fund shall be disbursed to the department and to each of the municipalities bound by the provisions of this chapter upon presentation of a voucher for payment of services rendered in compliance with this chapter.

Section: Previous  28.11.010  28.11.020  28.11.025  28.11.030  28.11.040  28.11.050  28.11.060  28.11.070  28.11.080  28.11.090  28.11.100  28.11.110  

Last modified: November 15, 2016