N.H. Rev. Stat. Ann. » N.H. Rev. Stat. Ann. / Title xxi / Chapter 262
New Hampshire Revised Statutes

N.H. Rev. Stat. Ann. § 262:39 (2026)

Application of Proceeds

✓ current as of May 2026
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    262:39 Application of Proceeds. – The balance of the proceeds of sale, if any, after payment of the amount of the liens and the reasonable expenses incident to the sale, shall be paid to the owner of such vehicle or his legal representative if claimed at any time within one year from the date of sale. If such balance shall not be claimed within said period, it shall be paid into the state treasury for the use of the state.

Source. 1931, 83:1. RL 121:8. RSA 266:8. 1981, 146:1; 361:1, 3, eff. Jan. 1, 1982 at 12:01 a.m.

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2012–2022 · leading case: Pelkey v. Dan's City Used Cars, Inc., 44 A.3d 480 (N.H. 2012).
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Pelkey v. Dan's City Used Cars, Inc., 44 A.3d 480 (N.H. 2012). “RSA 262:39 (2004). The provisions of RSA chapter 262 are not state laws "with respect to the transportation of property"; they are state laws with respect to the collection of debts.”
Pelkey v. Dan's City Used Cars, Inc., 163 N.H. 483 (N.H. 2012). “RSA 262:39 (2004). The provisions of RSA chapter 262 are not state laws “with respect to the transportation of property”; they are state laws with respect to the collection of debts.”
Appeal of Tradz, LLC, No. 2021-0053 (N.H. Apr. 8, 2022). “See RSA 262:39 (2014). The balance of the proceeds, if any, belongs to the owner, and if the owner fails to claim the balance within one year, it “shall be paid into the state treasury for the use of the state.”
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