§ 6-1.1-24-17 — Assignment of a certificate of sale to a nonprofit entity

Indiana § 6-1.1-24-17

• Jurisdiction: Indiana
• Art. 1.1: PROPERTY TAXES
• Ch. 24: Sale of Real Property When Taxes or Special

Text

(a) For purposes of this section, in a county
containing a consolidated city, "county executive" refers to the board
of commissioners of the county as provided in IC 36-3-3-10.
(b) As used in this section, "nonprofit entity" means an organization
exempt from federal income taxation under 26 U.S.C. 501(c)(3).
(c) The county executive may by resolution:
(1) identify tax sale certificates issued under section 6 of this
chapter that the county executive desires to assign to one (1) or
more nonprofit entities; and
(2) set a date, time, and place for a public hearing to consider the
assignment of the tax sale certificates to the nonprofit entities.
(d) Except as otherwise provided in subsection (e), notice of the tax
sale certificates identified under subsection (c) and the date, time, and
place for the hearing on the proposed transfer of the tax sale certificates
on the list shall be published in accordance with IC 5-3-1. The notice
must include a description of the properties associated with the tax sale
certificates being considered for assignment by:
(1) parcel number;
(2) legal description; and
(3) street address or other common description.
The notice must specify that the county executive will hear any
opposition to the proposed assignments.
(e) For tax sale certificates that are not assigned when initially
identified for assignment under this section, the county executive may
omit from the notice the descriptions of the tax sale certificates and the
properties associated with the tax sale certificates identified under
subsection (c) if:
(1) the county executive includes in the notice a statement that the
descriptions of those tax sale certificates and the tracts or items of
real property associated with the tax sale certificates are available
on the website of the county government or the county
government's contractor and the information may be obtained from
the county executive in an alternative form upon request in
accordance with section 3.4 of this chapter; and
(2) the descriptions of those tax sale certificates and the tracts or
items of real property associated with the tax sale certificates are
made available on the website of the county government or the
county government's contractor and may be obtained from the
county executive in an alternative form upon request in accordance
with section 3.4 of this chapter.
(f) After the hearing set under subsection (c), the county executive
shall by resolution make a final determination concerning:
(1) the tax sale certificates that are to be assigned to a nonprofit
entity;
(2) the nonprofit entity to which each tax sale certificate is to be
assigned; and
(3) the terms and conditions of the assignment.
(g) If a county executive assigns a tax sale certificate to a nonprofit
entity under this section, the period of redemption of the real property
under IC 6-1.1-25 expires one hundred twenty (120) days after the date
of the assignment to the nonprofit entity. If a nonprofit entity takes
assignment of a tax sale certificate under this section, the nonprofit
entity acquires the same rights and obligations as a purchaser of a tax
sale certificate under section 6.1 of this chapter.

Legislative History

As added by P.L.251-2015, SEC.19. Amended by P.L.187-2016, SEC.9; P.L.85-2017, SEC.18; P.L.1-2025, SEC.90.