3-1377
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3-1377. Sale of seized stock; disposition of proceeds; livestock custody fund A. Livestock officers shall execute an order of sale made pursuant to this article and deliver a bill of sale to the purchaser, describing the livestock sold and the amount it sold for, and forward to the division a duplicate of the bill of sale. Upon delivery of the bill of sale, title to the livestock shall pass to the purchaser. B. Immediately after the sale is made, or after release to the owner who pays the hauling charges and expenses of feed and care of such livestock, livestock officers shall remit the proceeds of the sale to the department, together with an itemized statement of the expense of the seizure and sale, which shall be paid as other claims. C. The amount received by the department pursuant to this section and sections 3-1294, 3-1372, 3-1402, 3-1403 and 3-1721 shall be deposited, pursuant to sections 35-146 and 35-147, in a special fund designated the livestock custody fund. On notice from the department, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. The fund is exempt from the provisions of section 35-190 relating to lapsing of appropriations. D. The livestock custody fund is subject to legislative appropriation for use by the department for the enforcement of any of the provisions of this title. |