NOTE: §2204 eff. until Jan. 1, 2026. See Acts 2024, No. 409, and Acts 2025, No. 411.

§2204. Additional terms of ordinance; sale of adjudicated property

            The ordinance allowing for the public sale of adjudicated property may provide that the public sale may be subject to terms and conditions imposed by the political subdivision in the ordinance. The political subdivision may also authorize the sale of adjudicated property at public sale at a price determined by the highest bidder without setting a minimum bid or requiring an appraisal. An ordinance may provide that a subsequent ordinance is required to approve the sale.

NOTE: §2204 eff. Jan. 1, 2026. See Acts 2024, No. 409, and Acts 2025, No. 411.

§2204. Additional terms of ordinance

            The ordinance allowing for the public sale of adjudicated property, sale of immovable property to enforce a tax lien certificate held by a political subdivision, or assignment of a tax lien certificate issued to a political subdivision may provide that the public sale may be subject to terms and conditions imposed by the political subdivision in the ordinance. An ordinance adopted pursuant to this Subpart may provide that a subsequent ordinance is required to approve the sale.

            Acts 2008, No. 819, §1, eff. Jan. 1, 2009; Acts 2010, No. 947, §1; Acts 2024, No. 774, §1, eff. Jan. 1, 2026; Acts 2025, No. 411, §1, eff. Jan. 1, 2026.