2016 New Jersey Revised Statutes
Title 39 - Motor Vehicles And Traffic Regulation
Section 39:10A-5 - Sale As Barring Claims Of Interest; Remission Of Proceeds Of Sale

NJ Rev Stat § 39:10A-5 (2016) What's This?

39:10A-5. Sale as barring claims of interest; remission of proceeds of sale
Upon the sale of a motor vehicle pursuant to the provisions of this act all claims of interest therein shall be forever barred and the proceeds realized therefrom after payment of the expenses of possession and sale, shall be remitted to the treasury of the public agency as its sole property.

L.1964, c. 81, s. 5.

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