25 §3503. Sale of unclaimed property
Title 25: INTERNAL SECURITY AND PUBLIC SAFETY
Part 9: LAW ENFORCEMENT AGENCIES IN GENERAL
Chapter 401: DISPOSAL OF UNCLAIMED, LOST OR STOLEN PERSONAL PROPERTY BY LAW ENFORCEMENT AGENCIES HEADING: PL 2003, C. 20, PT. T, §15 (RPR)
§3503. Sale of unclaimed property
If the identity or location of the owner or other person entitled to possession of the property has not been ascertained within 6 months after the law enforcement agency obtains such possession, or said identity has been determined and such person does not claim possession within this 6-month period, and the finder of such property, if any, has not claimed it pursuant to the provisions of section 3507 within 15 days after the expiration of said 6-month period, the principal official thereof shall effectuate the sale of the property for cash to the highest bidder at a public auction, notice of which, including time, place and a brief description of such property, shall be published at least once in a newspaper of general circulation in the county wherein such official has authority at least 10 days prior to such auction or in the state paper in the case of a state law enforcement agency. Property offered but not sold at such public auction may be offered and sold at a subsequent public auction without further notice. [1975, c. 558, (NEW).]
SECTION HISTORY
1975, c. 558, (NEW).