SECTIONS 51660-51667 - California Statutes

WATER CODE

SECTION 51660-51667

51660. Any parcel purchased by a county treasurer at delinquency
sale, as trustee for the district, may, after approval of the board,
be sold and conveyed by him at any time after the expiration of the
redemption period at public or private sale, with or without notice,
to any person paying him the aggregate amount for which the parcel
was purchased, with interest thereon at the rate of 7 percent per
year, compounded yearly from the date of each delinquency sale, and:
(a) When the parcel was purchased at a sale for the delinquency of
an unbonded assessment, any unpaid call that has been made upon any
prior or subsequent assessment, with accrued interest and penalties
thereon.
(b) When the parcel was purchased at a sale for the delinquency of
a bonded assessment, the amount of all subsequent assessments then
delinquent, with accrued interest and penalties thereon.

51661. When the parcel has been purchased for delinquency of a
bonded assessment, payment may be made in cash or in matured bonds
and coupons issued on the assessment, taken at their face value. Any
portion of the purchase price which accrues by reason of a
delinquency of an unbonded assessment may be paid only in lawful
money of the United States.

51662. The county treasurer shall convey parcels purchased by him
at a sale for the delinquency of an unbonded assessment, free of all
liens and encumbrances except any prior or subsequent district
assessment.

51663. The county treasurer shall convey parcels purchased by him
at a sale for the delinquency of a bonded assessment, free of
encumbrance except the unpaid balance of the assessment and any other
district assessment thereon.

51664. After the lapse of one year from the expiration of the
redemption period the county treasurer may sell the parcel pursuant
to Article 2 of this chapter in lieu of selling the parcel as
provided in this article.

51665. The proceeds of sale of parcels acquired by the county
treasurer at delinquency sale for bonded assessments, as trustee for
the district, shall be deposited in the bond fund.

51666. The proceeds of the sale of parcels acquired by the county
treasurer as trustee for the district at a delinquency sale for
unbonded original and additional assessments shall be credited to the
general fund.

51667. The proceeds of a sale of parcels acquired by the county
treasurer as trustee for the district at a delinquency sale for
operation and maintenance assessments shall be credited to the
maintenance fund.