§ 34-15-18 - Division of proceeds of sale – Share set aside for absent or unknown parties.
SECTION 34-15-18
§ 34-15-18 Division of proceeds of sale– Share set aside for absent or unknown parties. – In case of a sale under this chapter, the proceeds of the sale shall bedivided, under the direction of the court, between the parties entitledthereto, in lieu of their interest in the estate ordered or decreed to be sold,and the portion of the proceeds of sale to which any party or person absentfrom the state or unknown and not appearing to claim the proceeds, may beentitled, may be invested for that person by the commissioners, under thedirection of the court, and in such name as the court may direct, afterdeducting from that portion the reasonable share of the costs and expenses ofpartition of the party or persons, to be allowed by the court to those entitledthereto. In all cases the investment and the further disposition of theproceeds, and the deposit and disposition to be made of the evidence thereof,shall be subject only to the order and control of the court.