Section 1152. Power of tax district to protect liens  


Latest version.
  • 1. When authorized by
      resolution of the governing body, any enforcing officer may on behalf of
      a tax district having a  tax  lien  on  any  parcel  of  real  property,
      lawfully  protect  such  liens by entering into an agreement pursuant to
      section eleven hundred fifty of this title  with  another  tax  district
      holding  liens  on  such property, or by bidding for and purchasing such
      parcel at any judicial  sale  of  such  parcel  held  pursuant  to  this
      article.  Any  tax  district  so bidding at a judicial sale shall not be
      required to make any deposit, but shall within ten calendar  days  after
      such  sale,  pay  the amount due another tax district or other holder of
      tax lien on such parcel.
        2. For the purpose  of  providing  the  funds  so  required,  any  tax
      district,  by resolution adopted by its governing body, may specifically
      appropriate any funds generally provided for the purpose in  its  budget
      of  that  fiscal  year  or  may  appropriate  any  funds  not  otherwise
      appropriated or may finance  such  expenditure  pursuant  to  the  local
      finance law.