2006 Michigan Compiled Laws - Mich. Comp. Laws § 570.433 Sale of craft; distribution of proceeds.

Act 59 of 1864 (Ex. Sess.)

570.433 Sale of craft; distribution of proceeds.

Sec. 33.

The sum delivered by the sheriff, to the clerk as aforesaid, shall be distributed by the court, or by the circuit judge at chambers, upon motion of any party in interest of record, prior to the sale, and due notice to the other parties, and after the following manner:

First. The costs accruing upon all complaints filed before sale, and on which judgment or decree are, or may be within 20 days thereafter, rendered in favor of the complainant.

Second. Salvage.

Third. Seaman's wages.

Fourth. All other claims filed prior to sale, and on which decree, or judgment, may have been, or may, within 20 days thereafter be rendered, in favor of complainant.

History: 1864, Ex. Sess., Act 59, Eff. May 7, 1864 ;-- Am. 1865, Act 323, Eff. June 22, 1865 ;-- Am. 1867, Act 82, Eff. June 27, 1867 ;-- CL 1871, 6678 ;-- How. 8267 ;-- CL 1897, 10820 ;-- CL 1915, 14923 ;-- CL 1929, 13169 ;-- CL 1948, 570.433

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