ND HB1261

Amends section 57-28-20 of the North Dakota Century Code regarding how proceeds from tax lien foreclosure sales are distributed.

Changes excess proceeds from property sales to be credited to the owner of the record title of the real estate listed in the foreclosure notice, rather than to the county general fund.

Applies the same change to contract sales, directing excess payments after the foreclosure amount is paid to the property owner instead of the county general fund.

Maintains existing procedures for issuing tax receipts without penalty and interest, beginning with the earliest delinquent year.

Preserves the requirement that unpaid taxes or special assessments be canceled by the board of county commissioners when property sells for less than the total taxes due.