Section 46A-7A-127 - District share of redemption proceeds.

46A-7A-127. District share of redemption proceeds. If any real property situated in the district has been sold for taxes and has been redeemed, the money paid for redemption shall be apportioned and paid by the county treasurer receiving it to the district in the proportion which the benefit assessment due to the district bears shares to the total tax assessment for which the property was sold.

Source: SL 1985, ch 360, § 127.