15-17-214. County as purchaser -- assignment. (1) If no person pays the delinquent taxes, including penalties, interest, and costs, on the first day of the tax sale, the county is considered to be the purchaser.
     (2) (a) After the 21st day following the first day of the tax sale, the county treasurer shall identify and list all property that was sold at the tax sale. He shall also record that the county is the purchaser of all property remaining unsold and upon which the taxes remain delinquent.
     (b) The record of the property in which the county is listed as the purchaser may be made by the treasurer by a separate tax sale certificate of each property or by reference to the property as recorded in the list required under 15-16-301.
     (3) A property tax lien of the county in any property acquired by the county under subsection (1) must be assigned by the county treasurer as provided in 15-17-323 upon the payment of all delinquent taxes, including penalties, interest, and costs specified in 15-17-323.

     History: En. Sec. 8, Ch. 587, L. 1987.