§ 10-126. Surplus funds from tax sale.  


Latest version.
  • Any surplus of purchase money over and above taxes, interest, penalties and costs of sale, received by the Director, shall be deposited in some bank or banks approved by him in the name of the County. The Director shall maintain accurate records separately accounting for the receipt and disbursement of such monies.

(Laws 1898, ch. 222, Sec. 116C; PLL 1912, Art. 17, Sec. 221; PLL 1930, Art. 17, Sec. 354; 1943 Code, Sec. 453; 1953 Code, Sec. 491; PLL 1963, Sec. 20-13; CB-23-1980)