RCW 54.24.240
Local improvement guaranty fund—Certificates of delinquency—Redemption, foreclosure.
The certificates of delinquency may be redeemed by the owner of the property assessed at any time up to two years from the date of foreclosure of the certificate.
If a certificate is not redeemed on the second occurring first day of January, after its issuance, the county treasurer shall foreclose the certificate in the manner specified for the foreclosure of the lien of local improvement assessments in cities, and if no redemption is made within the succeeding two years, from date of the decree of foreclosure, shall execute and deliver unto the public utility district, as trustee for the fund, a deed conveying fee simple title to the property described in the foreclosed certificate.
[ 1957 c 150 § 5.]
Structure Revised Code of Washington
Title 54 - Public Utility Districts
54.24.010 - Treasurer—Bond—Duties—Funds—Depositaries.
54.24.012 - Destruction of canceled or paid revenue obligations and interest coupons.
54.24.018 - Acquisition of property—Adoption of plan—Bonds or warrants—Special funds.
54.24.020 - General obligation bonds, revenue obligations for cost of utilities.
54.24.050 - Covenants to secure owners of revenue obligations.
54.24.060 - Sale, delivery of revenue obligations.
54.24.070 - Prima facie validity of revenue obligations.
54.24.080 - Rates and charges—Waiver of connection charges for low-income persons.
54.24.090 - Funding, refunding revenue obligations.
54.24.100 - Execution of revenue obligations—Signatures.
54.24.110 - Laws and resolutions as contract.
54.24.120 - Obligations as lawful securities and investments.
54.24.200 - Local improvement guaranty fund.
54.24.210 - Local improvement guaranty fund—Duties of the district.
54.24.220 - Local improvement guaranty fund—Warrants to meet liabilities.
54.24.240 - Local improvement guaranty fund—Certificates of delinquency—Redemption, foreclosure.