Hawaii Revised Statutes 290-7 – Disposition of proceeds
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Terms Used In Hawaii Revised Statutes 290-7
- county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
- Lien: A claim against real or personal property in satisfaction of a debt.
All proceeds from the sale of vehicles shall be deposited into the general fund of the county. The legal or registered owner is entitled to recover the excess of the proceeds from the sale over expenses, if the claim is filed with the county within one year from the execution of the sales agreement. The registered owner shall receive priority of payment to the extent of the registered owner’s lien on the vehicle. The county may file a claim within the same period against the legal or registered owner or person with an unrecorded interest for the deficiencies between the sale proceeds and expenses.