SUBPART B. SALES OR DONATIONS TO A THIRD PARTY

            NOTE: §2201 eff. until Jan. 1, 2026, upon ratification of the const. amend. proposed by Acts 2024, No. 409.

§2201. Ordinance; sale or donation of adjudicated property

            A political subdivision may adopt ordinances regarding the public sale or donation of adjudicated property that complies with R.S. 47:2202, 2203, and 2206. A public sale or donation of adjudicated property by a political subdivision may be made by sale or donation of an individual tax parcel, or by sale or donation of multiple tax parcels as a whole.

            NOTE: §2201 eff. Jan. 1, 2026, upon ratification of the const. amend. proposed by Acts 2024, No. 409.

§2201. Ordinance; sale or donation of adjudicated property or certain tax lien certificates; conversion of adjudicated property to tax lien certificates; sale of immovable property to enforce a tax lien certificate held by a political subdivision

            A. A political subdivision may adopt ordinances regarding the public sale or donation of adjudicated property and the assignment of tax lien certificates issued to the political subdivision that complies with R.S. 47:2202, 2203, and 2206. A public sale or donation of adjudicated property or an assignment of a tax lien certificate issued to a political subdivision may be made by sale or donation of an individual tax parcel or of an individual tax lien certificate or by sale or donation of multiple tax parcels or of multiple tax lien certificates as a whole.

            B. A political subdivision may adopt ordinances which convert title to adjudicated property held by the political subdivision to a tax lien certificate issued to the political subdivision. The political subdivision shall file a tax lien certificate with the recorder of mortgages for the parish in which the property is located.

            C. A political subdivision may adopt ordinances regarding the public sale of immovable property that is encumbered by a tax lien certificate which has been held by the political subdivision for not less than three years after the recordation of the tax lien certificate in the mortgage records of the parish in which the immovable property is located in order to satisfy the debt secured by the tax lien certificate and any other statutory impositions related to the property and due to any political subdivision.

            Acts 2008, No. 819, §1, eff. Jan. 1, 2009; Acts 2009, No. 511, §2; Acts 2024, No. 774, §1, see Act.