To receive the proceeds from the sale of public auction of abandoned and unclaimed motor vehicles taken into custody by the Department of Public Safety. From the proceeds of the sale, the department may transfer an amount sufficient to reimburse itself for the expenses of the auction, the costs of towing, preserving and storing the vehicle which resulted from taking the vehicle into custody, and all notice and publication costs incurred as required by law. Any remainder of the proceeds shall be held for the owner or entitled lien holder for 90 days and then shall be deposited and shall remain available for payment of expenses which result from processing other abandoned vehicles where the sale proceeds are insufficient to meet these expenses and costs.