2010 Maryland Code
TAX - PROPERTY
TITLE 14 - PROCEDURE
Subtitle 8 - Collection
Section 14-826 - Purchase by county commissioners or other taxing agencies - Payment of tax claims of other taxing agencies or of the State.
§ 14-826. Purchase by county commissioners or other taxing agencies - Payment of tax claims of other taxing agencies or of the State.
When any property on which there are unpaid taxes due to any other taxing agency or to the State is purchased by the governing body of the county at a sale held by the collector under this subtitle, the governing body of the county need not make and the collector or other taxing agency or the State is not entitled to demand immediate payment of the taxes due another taxing agency or the State. On the resale of the property by the governing body of the county, unless the property is redeemed by the owner in accordance with § 14-827 of this subtitle, or on the sale by the governing body of the county of a certificate of sale under § 14-825 of this subtitle, the governing body of the county shall pay to the other taxing agency and to the State the proportion of the proceeds of sale as the taxes due the other taxing agency or the State bear to the total amount of taxes due the State, the county, and all other taxing agencies, after deducting the cost of sale and all other expenses connected with the sale.
[An. Code 1957, art. 81, § 90; 1985, ch. 8, § 2.]
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