The forfeited land commission may assign its bids at any time before title deed being made pursuant to sale, provided the consideration to be paid for such assignments shall not be less than the amount of taxes, penalties and costs for which the property was sold. The chairman or his designee may accept sealed bids for assignments of the forfeited land commission bids for a designated time period. Assignments not made during this time may then be assigned on a first come, first served basis. A list of available forfeited land commission properties is to be maintained at an assigned location as determined by the county forfeited land commission.
HISTORY: 1962 Code Section 65-2916; 1952 Code Section 65-2916; 1942 Code Section 2170-2; 1934 (38) 1253; 2015 Act No. 87 (S.379), Section 62, eff June 11, 2015.
Effect of Amendment
2015 Act No. 87, Section 62, added the text following the first sentence, relating to the procedure for accepting sealed bids for assignment.
Structure South Carolina Code of Laws
Section 12-59-10. Creation and membership of county forfeited land commissions.
Section 12-59-20. Organization of Commission; compensation of secretary; quorum.
Section 12-59-40. Sale of forfeited lands; method and terms of sale.
Section 12-59-70. Sale by former owner of forfeited land; commission may convey such property.
Section 12-59-80. Commission may assign its bids.
Section 12-59-85. Forfeited land commission.
Section 12-59-90. Execution of deeds and validation of certain deeds.
Section 12-59-100. Deposit of funds from sale of forfeited land commission.
Section 12-59-120. Commission shall have access to tax records.
Section 12-59-130. Municipal forfeited land commissions.
Section 12-59-140. Emergency procedures for county forfeited land commission.
Section 12-59-150. Certain purchasers prohibited from buying forfeited land.
Section 12-59-310. Title of State by forfeiture prior to 1887 renounced.
Section 12-59-320. State Fiscal Accountability Authority shall hear petition for relief.
Section 12-59-330. Lien against such formerly forfeited lands.