In the event that the amount secured by the state’s lien provided for in Article 1 (commencing with Section 16180) is paid by reason of the sale or condemnation of the property on which the lien attaches, the funds so received shall be placed in the Senior Citizens and Disabled Citizens Property Tax Postponement Fund.
(Amended by Stats. 2014, Ch. 703, Sec. 11. (AB 2231) Effective September 28, 2014.)
Last modified: October 25, 2018