Whenever any lands in which the State of North Carolina or any State agency has an
interest, by way of mortgage or otherwise, are advertised to be sold for any taxes
or special assessment, or under any lien, the Department of Administration is authorized,
if in its judgment it is necessary to protect the interest of the State, to appear
at any sale of such lands and to buy the same as any other person would. For the purpose of paying therefor, the Director of the Budget is authorized to
draw upon the State Land Fund.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.