2006 Ohio Revised Code - 5721.42. Additional tax certificate issued upon satisfaction of subsequent delinquency.

§ 5721.42. Additional tax certificate issued upon satisfaction of subsequent delinquency.
 

Not less than sixty nor more than ninety days following the date set by section 323.12 or 323.17 of the Revised Code for the payment of the second installment of current taxes, the certificate holder of the most recently issued tax certificate may pay all delinquent taxes, assessments, penalties, interest, and charges on the related certificate parcel, the lien against which has not been transferred by the sale of a tax certificate. The amount of the payment shall constitute a separate lien against the certificate parcel that shall be evidenced by the issuance by the treasurer to the certificate holder of an additional tax certificate with respect to the delinquent taxes, assessments, penalties, interest, and fees so paid on the related certificate parcel. The amount of the payment as set forth in the tax certificate shall earn interest at the rate of eighteen per cent per year. 
 

HISTORY: 148 v H 493. Eff 10-27-2000.