Section 2.92.095. Application for title after impoundment and sale.  


Latest version.
  • 	(a)  After the mandatory lime periods set out in AS 28.10.502 have passed for a vehicle to be impounded and sold to satisfy a possessory lien, the department may issue a certificate of title to the vehicle upon receipt of an application that complies with AS 28.10.211 and an affidavit of notification of impoundment and sale.  
    	(b)  An applicant for a certificate of title under this section must  
    		(1) complete a form prescribed and provided by the department, on which the applicant must set out the costs associated with towing, storage, and sale of the vehicle; and  
    		(2) supply a copy of  
    			(A) the receipt for the sale of the vehicle;  
    			(B) the certified letter that was sent under AS 28.10.502(b);  
    			(C) the notice that was served as required under AS 28.10.502(c) to give 20 days' notice of the sale; and  
    			(D) each return or service for certified mail delivery if personal service was not achieved, or an affidavit detailing the time and place where personal service was given.  
    	(c)  Not later than 10 days after the date of a sale made under AS 28.10.502, the remaining proceeds from the sale of the vehicle shall be forwarded to the department for disbursement to the registered and legal owner or lienholder of the impounded vehicle.  
    

Authorities

28.05.011;28.10.211;28.10.502

Notes


Authority
AS 28.05.011 AS 28.10.211 AS 28.10.502
History
Eff. 10/10/2014, Register 212