Neb. Rev. Stat. §§ 37-12,104

Current with changes through the 2024 First Special Legislative Session
Section 37-12,104 - Proceeds of sale; disposition

Any proceeds from the sale of an abandoned motorboat less any expenses incurred by the local authority or state agency shall be held by the local authority or state agency, without interest, for the benefit of the owner or lienholders of such motorboat for a period of two years. If not claimed within such two-year period, the proceeds shall be paid into the general fund of the local authority entitled to custody under section 37-12,103 or the General Fund if a state agency is entitled to custody under section 37-12,103.

Neb. Rev. Stat. §§ 37-12,104

Laws 2004, LB 560, § 17.