§ 54.24.240. Local improvement guaranty fund -- Certificates of delinquency -- Redemption, foreclosure
The certificates of delinquency may be redeemed by the owner of the property assessed at any time up to two years from the date of foreclosure of the certificate.
If a certificate is not redeemed on the second occurring first day of January, after its issuance, the county treasurer shall foreclose the certificate in the manner specified for the foreclosure of the lien of local improvement assessments in cities, and if no redemption is made within the succeeding two years, from date of the decree of foreclosure, shall execute and deliver unto the public utility district, as trustee for the fund, a deed conveying fee simple title to the property described in the foreclosed certificate.
[1957 c 150 § 5.]
Sections: Previous 54.24.050 54.24.060 54.24.070 54.24.080 54.24.090 54.24.100 54.24.110 54.24.120 54.24.200 54.24.210 54.24.220 54.24.230 54.24.240 54.24.250 54.24.260 NextLast modified: April 7, 2009