If the chattel or chattels are not redeemed within thirty (30) days after the mailing of such letter, the person may sell such articles on the day and at the time and place specified in such letter. Such sales may be made either at public auction or by private sale. The proceeds of the sale in excess of the charges and necessary expenses of the procedure required by Sections 85-7-71 through 85-7-81 shall be held by the person for a period of six (6) months and if not reclaimed by the owner thereof within that time shall escheat to the county and be paid over to the chancery clerk to be placed into the general fund of the county in which the sale was held.
Structure Mississippi Code
Title 85 - Debtor-Creditor Relationship
Article 3 - Sale of Timepiece, Jewelry, etc. For Repair Charges
§ 85-7-73. Sale of watches, jewelry, etc., left over 90 days for repairs, etc. permitted
§ 85-7-77. Sale; disposition of proceeds
§ 85-7-79. Notices required to be posted
§ 85-7-81. Purpose and intent of Sections 85-7-71 through 85-7-81