Washington Code 36.33.150 – County lands assessment fund created — Surplus from tax sales to go into fund
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Into the county lands assessment fund shall also be paid any surplus moneys from the sale by the county, pursuant to foreclosure of real estate taxes, of any lands lying in any district formed for diking or drainage purposes or for assessment of road improvements, over and above the amount necessary to redeem the general taxes and other assessments against them, as required by law. Any surplus from any county levy for the fund, unexpended in any year, shall be carried forward in the fund to the next year.
[ 1963 c 4 § 36.33.150. Prior: 1929 c 193 § 4; RRS § 4027-4.]
Terms Used In Washington Code 36.33.150
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC