§ 44-8-3 - Sale of property – Disposition of surplus proceeds or property.
SECTION 44-8-3
§ 44-8-3 Sale of property –Disposition of surplus proceeds or property. – If the owner does not pay the amount of the tax, with the interest orpercentage and all costs and charges, by the time appointed for the sale, thecollector shall sell the property, or enough to pay the sums due, at publicauction. Any remaining property or surplus of money shall be returned to theowner or person entitled to receive it. If no owner or person entitled toreceive the property or surplus of money can be found by the collector, thecollector shall deliver the property or surplus of money to the city or towntreasurer, who shall hold it subject to the call of the owner or personentitled to receive the property or surplus of money.