556F.15 Proceeds — forfeiture.
The net proceeds of sales made by the sheriff, and money or bank notes paid over to the county treasurer, as directed in this chapter, shall remain in the hands of the county treasurer in trust for the owner, if the owner applies within one year from the time the proceeds, moneys, or bank notes would have been paid over. However, if no owner appears within that time, the proceeds, moneys, or bank notes shall be forfeited, and the claim of the owner is forever barred, in which event the money shall be paid to the treasurer of state for deposit in the general fund of the state.
[C51, §885; R60, §1516; C73, §1519; C97, §2378; C24, 27, 31, 35, 39, §12213; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §644.15]
83 Acts, ch 185, §57, 62; 83 Acts, ch 186, §10125, 10201, 10204; 94 Acts, ch 1188, §27
C95, §556F.15
Structure Iowa Code
Section 556F.1A - Taking up vessels, rafts, logs and lumber.
Section 556F.2 - Warrant — appraisal — return — record.
Section 556F.3 - Value under twenty dollars.
Section 556F.4 - Value exceeding twenty dollars.
Section 556F.5 - Advertisement — when title vests.
Section 556F.6 - Lost goods or money.
Section 556F.7 - When owner unknown.
Section 556F.8 - Advertisement.
Section 556F.9 - Record of publication.
Section 556F.10 - Additional publication.
Section 556F.11 - Vesting of title.
Section 556F.12 - Ownership settled.
Section 556F.13 - Compensation.
Section 556F.14 - Costs, charges and care — assessment.
Section 556F.15 - Proceeds — forfeiture.
Section 556F.16 - Responsibility of taker-up.