Section 40-104 - Application of proceeds of sale

Application of proceeds of sale

The proceeds of such sale shall be applied:

(1) To the expenses of such sales and the discharge of such lien;

(2) To payment of other liens, if any, in the order of their priority; and

(3) To the owner of the property.

CREDIT(S)

(June 3, 1952, 66 Stat. 97, ch. 361, § 4.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 38-204.
1973 Ed., § 38-207.

Current through September 13, 2012