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Current as of January 02, 2024 | Updated by FindLaw Staff
Sec. 27. (a) This section applies to sales of abandoned vehicles or parts by a city, county, or town.
(b) The proceeds from the sale of abandoned vehicles or parts, including:
(1) charges for bills of sale; and
(2) money received from persons who own or hold liens on vehicles for the cost of removal or storage of vehicles;
shall be deposited in the city's, county's, or town's abandoned vehicle fund by the fiscal officer of the city, county, or town.
(c) The costs incurred by a public agency in administering this chapter shall be paid from the abandoned vehicle fund.
(d) The fiscal body shall annually appropriate sufficient money to the fund to carry out this chapter. Money remaining in the fund at the end of a year remains in the fund and does not revert to the general fund.
(e) Notwithstanding subsection (d), the fiscal body of a consolidated city may transfer money from the fund.
Cite this article: FindLaw.com - Indiana Code Title 9. Motor Vehicles § 9-22-1-27 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-9-motor-vehicles/in-code-sect-9-22-1-27/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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