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Indiana Code — Title 6 (Taxation)

IC 6-1.1-24-5.1

Ineligible purchasers; registration to bid

Official textiga.in.govlast amended

Sec. 5.1. (a) This section applies to the following:

# (1)

A business association that:

# (A)

has not obtained a certificate of authority from, or registered with, the secretary of state in accordance with the procedures described in IC 23, as applicable; or

# (B)

has obtained a certificate of authority from, or registered with, the secretary of state in accordance with the procedures described in IC 23, as applicable, but is not in good standing in Indiana as determined by the secretary of state.

# (2)

A person who is an agent of a person described in this subsection.

(b) A person subject to this section may not purchase a tract offered for sale under section
5 or 6.1 of this chapter. However, this section does not prohibit a person from bidding on a tract that is owned by the person and offered for sale under section 5 of this chapter.

(c) A business entity that seeks to register to bid at a tax sale must provide a certificate of good standing or proof of registration in accordance with IC 5-23 from the secretary of state to the county treasurer.
As added by P.L.66-2014, SEC.9. Amended by P.L.247-2015, SEC.17; P.L.66-2021, SEC.1.

Amendment history

As added by P.L.66-2014, SEC.9. Amended by P.L.247-2015, SEC.17; P.L.66-2021, SEC.1.

Source: view the official text

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Nearby sections (25 sections)
  1. 6-1.1-24-2.2 · Repealed
  2. 6-1.1-24-2.3 · Notice of sale of vacant or abandoned property
  3. 6-1.1-24-3 · Notice of auction sale
  4. 6-1.1-24-3.4 · Requests for information in an alternative form
  5. 6-1.1-24-3.5 · Repealed
  6. 6-1.1-24-4 · Notice of sale to owner; other notices; listing of…
  7. 6-1.1-24-4.1 · Repealed
  8. 6-1.1-24-4.2 · Repealed
  9. 6-1.1-24-4.5 · Urban homesteading agency; list of real property with
  10. 6-1.1-24-4.6 · Corrected delinquency list; county auditor affidavit;
  11. 6-1.1-24-4.7 · Judgment and order for sale; procedure
  12. 6-1.1-24-5 · Conduct of sale; parcels subject to sale; minimum sale…
  13. 6-1.1-24-5.1 · Ineligible purchasers; registration to bid
  14. 6-1.1-24-5.2 · Repealed
  15. 6-1.1-24-5.3 · Persons barred from bidding on or purchasing tracts…
  16. 6-1.1-24-5.4 · Foreign business associations
  17. 6-1.1-24-5.5 · Repealed
  18. 6-1.1-24-5.6 · Repealed
  19. 6-1.1-24-5.7 · Signed statement; forfeiture
  20. 6-1.1-24-6 · Lien by county; tax sale certificate
  21. 6-1.1-24-6.1 · Public sale by county executive of certificates of sale;…
  22. 6-1.1-24-6.2 · Transfer of property to the city or town in which the…
  23. 6-1.1-24-6.3 · Conditions of sale of certificates of sale
  24. 6-1.1-24-6.4 · Distribution of proceeds of sale of certificates of…
  25. 6-1.1-24-6.5 · Repealed
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