Iowa Code 583.5 – Disposal of proceeds — statement
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From the proceeds of said sale the hotelkeeper shall satisfy the lien, the reasonable expense of storage, and the costs for enforcing the lien, and any remaining balance shall, on demand within six months, be paid to the guest, and if not demanded within said period of time, said balance shall be deposited by the hotelkeeper with the county treasurer of the county in which the hotel is situated, together with:
1. A statement of the hotelkeeper’s claim and the costs of enforcing same.
Terms Used In Iowa Code 583.5
- Lien: A claim against real or personal property in satisfaction of a debt.
2. A copy of the published notice of sale.
3. A statement of the amounts received for the goods sold at said sale.