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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) From the net proceeds of a sale pursuant to section 570 of this title, the court shall pay all liens, according to their priority that:
(1) are established by intervention or otherwise at the time the court enters the judgment of forfeiture or in other proceedings brought for that purpose; and
(2) are bona fide and were created without the owner's having any knowledge that the carrying vehicle was used or would be used for the illegal transport of alcoholic beverages or alcohol.
(b) The court shall pay the balance of the proceeds to the State Treasurer.
Cite this article: FindLaw.com - Vermont Statutes Title 7. Alcoholic Beverages, Cannabis, and Tobacco, § 572. Proceeds of sale of condemned vehicle or craft - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-7-alcoholic-beverages-cannabis-and-tobacco/vt-st-tit-7-sect-572/
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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