15-17-319. Sale or lease and disposition of proceeds from lands acquired by municipality. A municipality may sell, donate, or lease property it acquires under 15-17-317 in the same manner as a county may sell, donate, or lease tax-deed property under Title 7, chapter 8, part 23. All money received by the municipality from the sale or lease of the land, after payment of the cost of sale, not to exceed $25, must be paid into the improvement fund to the extent of the delinquent assessments, interest, and penalties. The surplus, if any, must be paid into any revolving fund that secures payment of special assessments or, if there are none, to the general fund of the municipality.
History: En. Sec. 11, Ch. 617, L. 1987; amd. Sec. 2, Ch. 369, L. 1993.
Structure Montana Code Annotated
Part 3. Procedure After Attachment of Tax Lien
15-17-306. through 15-17-310 reserved
15-17-313. through 15-17-315 reserved
15-17-317. Municipality as assignee
15-17-318. Assignment of municipality's interest
15-17-319. Sale or lease and disposition of proceeds from lands acquired by municipality
15-17-322. Disposition of money from tax lien sale
15-17-323. Assignment of rights -- form
15-17-324. Assessment of property with tax lien attached
15-17-325. Sale not voided by misnomer of ownership
15-17-326. Voided tax lien -- refund -- limitation on action for royalty interest