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N.J. Stat. Ann. § 2A:44-162

Disposition of proceeds of sale

Known as the Self-Service Storage Facility Act

The act spans §§ 2A:44-1 to 2A:44-9 (132 sections).

L.1951 (1st SS), c.344.

The proceeds of the sale after the deduction of the expenses thereof shall be applied to the payment of the lien. No more of the property shall be sold, if easily separated or divided, than shall be necessary to pay the lien and expenses.

The balance of the proceeds, if any, shall be paid to those entitled thereto.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.