SB218 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Primary Sponsor: Mark Slade Blackwell
Republican
Session: Regular Session 2012
Title: Property, sale for tax delinquents, excess funds to owner of property, includes holder of records, Sec.40-10-28 am'd
Description: Under existing law, excess funds arising from the sale of any real estate for taxes may be paid to the owner of the property that has been sold.
This bill would clarify that the owner of property entitled to receive such excess funds includes holders of recorded mortgages and would establish the priority of the distribution of any excess funds.
Subjects: Property, Real and Personal

Read for the first time and referred to the Senate committee on Judiciary