Alabama Code 40-10-192. Distribution of monies collected
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Terms Used In Alabama Code 40-10-192
- Lien: A claim against real or personal property in satisfaction of a debt.
All monies collected or received by the tax collecting official as proceeds of a tax lien auction or sale shall be distributed in the same manner and proportions as the tax collecting official is required by law to distribute other monies collected by him or her in satisfaction of ad valorem taxes. All penalties, costs, and fees collected by the tax collecting official shall be paid to the general fund of the county.
