Whenever real estate is purchased under section 77-1809 or 77-1810, the county treasurer shall not be required to account to the State Treasurer or to any person for the amount of taxes due, until the county board, city, village, school district, drainage district or irrigation district authorities have sold the certificate or certificates of purchase of such real estate, or until, by redemption or foreclosure proceedings, he shall have received the money thereon.

Source

  • Laws 1903, c. 73, § 203, p. 462;
  • R.S.1913, § 6531;
  • C.S.1922, § 6059;
  • C.S.1929, § 77-2011;
  • Laws 1937, c. 167, § 36, p. 663;
  • Laws 1939, c. 98, § 36, p. 451;
  • Laws 1941, c. 157, § 36, p. 634;
  • C.S.Supp.,1941, § 77-2011;
  • R.S.1943, § 77-1811.

Terms Used In Nebraska Statutes 77-1811

  • 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
  • Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
  • Purchase: shall include taking by sale, discount, negotiation, or any other transaction for value creating an interest in property except liens. See Nebraska Statutes 77-122
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801