NOTE: §2209 eff. until Jan. 1, 2026, upon ratification of the const. amend. proposed by Acts 2024, No. 409.

§2209. Sale or donation to tax debtor

            Notwithstanding any provision of law to the contrary, when a tax debtor or an owner participates, directly or indirectly, in a post-adjudication sale or donation during or subsequent to expiration of the redemptive period, it shall be treated as a redemption, and the tax debtor or owner shall be required to pay all taxes and costs in accordance with all laws applicable to redemptions. However, if the property is redeemed, all mortgages, liens, privileges, and other encumbrances affecting the property prior to the sale shall remain in full force and effect with the same validity and priority as if the sale had not occurred.

            NOTE: §2209 eff. Jan. 1, 2026, upon ratification of the const. amend. proposed by Acts 2024, No. 409.

§2209. Sale or donation to tax sale party or tax auction party

            Notwithstanding any provision of law to the contrary, when a tax sale party or tax auction party participates, directly or indirectly, in a post-adjudication sale or donation, sale of immovable property to enforce a tax lien certificate held by a political subdivision, or assignment of a tax lien certificate, it shall be treated as a redemption or termination of the tax lien certificate, and the tax sale party or tax auction party shall be required to pay all taxes and costs in accordance with all laws applicable to redemptions or terminations. However, if the property is redeemed or the tax lien certificate is terminated, all mortgages, liens, privileges, and other encumbrances affecting the property prior to the sale shall remain in full force and effect with the same validity and priority as if the sale had not occurred.

            Acts 2008, No. 819, §1, eff. Jan. 1, 2009; Acts 2024, No. 774, §1, see Act.