La. Stat. tit. 47 § 2162

Current with changes from the 2024 Legislative Session

Section 47:2162 - [See Note] Purchase by tax collectors and assessors at tax lien auction forbidden

The tax collector or tax assessor for the political subdivision, or any other person acting on behalf of the political subdivision whose duties are to assess or collect ad valorem taxes for the political subdivision, shall not buy, either directly or indirectly, any delinquent obligation. The tax lien auction shall be subject to an action for nullity except that the violation of this Section shall not be a cause for annulling the tax lien auction if the property or tax lien certificate has been sold by the violator, his successor, or assigns to a person who purchased the property in good faith by onerous title. In addition to any other penalties provided by law for violation of this Section, the violator shall forfeit the price paid at the tax lien auction in favor of the tax debtor and shall disgorge any profits he has made, either directly or indirectly, to the tax debtor.

La. R.S. § 47:2162

Acts 2008, No. 819, §1, eff. Jan. 1, 2009.

Amended by Acts 2024, No. 774,s. 1, eff. 1/1/2026 if the proposed amendment to Article VII, Section 25 of the Constitution of Louisiana contained in the Act which originated as Senate Bill No. 119 of this 2024 Regular Session of the Legislature is adopted at a state-wide election and becomes effective or if a proposed amendment to Article VII, Section 25 of the Constitution of Louisiana, which authorizes liens and privileges on immovable property for nonpayment of taxes is adopted at a statewide election prior to December 7, 2024..

Acts 2008, No. 819, §1, eff. 1/1/2009.

This section is set out more than once due to postponed, multiple, or conflicting amendments.