The local agency shall not release, assign, sell or dispose of any such lien or property unless there is first paid to it a sum of money at least equal to the total of the amount paid for the lien or property by it, all accrued penalties and delinquencies, and necessary expenses incurred.
Cal. Gov. Code § 53865
Delinquent Assessment Acquisition and Sales Law of 1915
Known as the Delinquent Assessment Acquisition and Sale Law
The act spans §§ 53860–53876 (17 sections).
Added by Stats. 1949, Ch. 81.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.