A report of a forfeiture sale and final ratification thereof shall be made as provided
in this Division, in the matter of tax sales generally. If such real estate so sold
is not redeemed within the two (2) years allowed therefor by the payment of the purchase
money, with interest on the same at the rate of twelve percent (12%) per annum, and
all subsequent taxes, interest and penalties accrued thereon, it shall be forfeited
to, and a good fee simple title to the property vested in the Council, without the
execution of any deed therefor.
(Laws 1922, ch. 469, Sec. 116G; PLL 1912, Art. 17, Sec. 225; Laws 1922, ch. 198; PLL
1924, ch. 382; PLL 1930, Art. 17, Sec. 359; Laws 1937, ch. 275, Sec. 359; 1943 Code,
Sec. 458; 1953 Code, Sec. 496; Laws 1963, ch. 526, Sec. 496; PLL 1963, Sec. 20-18)
var val = document.getElementById('citecontent').innerHTML;
art.dialog.defaults.title = window.location.href;
art.dialog.data('cite', val);
art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');