Sales by local units; deposit of proceeds; payment of public agency
costs; appropriations
Sec. 27. (a) This section applies to sales of abandoned vehicles or
parts by local units.
(b) The proceeds from the sale of abandoned vehicles or parts,
including:
(1) charges for bills of sale; and
(2) money received from persons who own or hold liens on
vehicles for the cost of removal or storage of vehicles;
shall be deposited with the county treasurer or city controller and
placed by the treasurer or controller in the unit's abandoned vehicle
fund.
(c) The costs incurred by a public agency in administering this
chapter shall be paid from the abandoned vehicle fund.
(d) The fiscal body shall annually appropriate sufficient money to
the fund to carry out this chapter. Money remaining in the fund at the
end of a year remains in the fund and does not revert to the general
fund.
(e) Notwithstanding subsection (d), the fiscal body of a
consolidated city may transfer money from the fund.
As added by P.L.2-1991, SEC.10. Amended by P.L.85-1995, SEC.39.
Last modified: May 27, 2006