Section 42-18116 - Payment; resale or recovery on reneged bid; processing feeA. The purchaser of a tax lien shall pay the purchase price in cash at a time the county treasurer determines but within fifteen days after the close of the sale.B. If the purchaser fails to pay the amount due:1. The county treasurer shall resell the tax lien if the sale has not been closed.2. If the sale has been closed, the treasurer may either:(a) Recover the amount bid by civil action in a court of competent jurisdiction.(b) Prohibit the purchaser who failed to pay the amount due from purchasing tax liens from any county in this state for a period of not more than one year.C. The purchaser shall pay a processing fee of not more than $10 per tax lien. The treasurer shall deposit monies collected pursuant to this subsection in the taxpayers' information fund established by section 11-495.Amended by L. 2019, ch. 31,s. 3, eff. 8/27/2019.