(1) When any vehicle is sold under ORS 819.210 or 819.220, the authority selling the vehicle shall transmit to the Department of Transportation, and to the treasurer of that authority, a return of sale setting forth:
(a) A description of the vehicle;
(b) The purchase price;
(c) The name and address of the purchaser;
(d) The costs incurred in the sale; and
(e) The costs and expenses incurred in the removal, preservation and custody of the vehicle.
(2) The authority selling the vehicle under ORS 819.210 or 819.220 shall transmit to the treasurer of that authority, with the return of sale, the balance of the proceeds of the sale. The authority may deduct from the proceeds the costs incurred in the sale and the costs and expenses incurred in the removal, preservation and custody of the vehicle. Upon receipt of the return of sale and such proceeds, the treasurer of the authority shall deposit such proceeds in the general fund of the authority and file in the treasurer’s office the return of sale. [1983 c.338 §430; 1985 c.16 §226; 1985 c.94 §1]
Section: Previous 819.190 819.200 819.210 819.215 819.220 819.230 819.240 819.250 819.260 819.270 819.280 819.300 819.310 819.400 819.410 NextLast modified: August 7, 2008