§ 12A-15. Order of forfeiture.

(a) In general.

(1) If the court determines that the APM should be forfeited, the court shall order the APM forfeited to the City.

(2) If, however, the court determines that the APM is subject to a bona fide recorded security interest created without the knowledge that the APM was being or was to be used in violation of this subtitle, the court shall order that the APM be released within 5 days to the secured party of record.

(b) Disposition of APM subject to security interest.

(1) The secured party:

(i) shall sell the APM in a commercially reasonable manner; and

(ii) may not sell the APM to the owner or other person from whom it was seized.

(2) The proceeds of the sale shall be applied as follows:

(i) to the court costs of the forfeiture proceedings;

(ii) to the balance due to the secured party, including all reasonable costs incident to the sale;

(iii) to payment of all other expenses of the proceedings for forfeiture, including expenses of seizure, maintenance, or custody; and

(iv) to the general funds of the City.