§ 11-2-402. RATE OF REDEMPTION.

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The owner or another person having an estate or interest in the property sold by the Director may redeem the property at any time until the right of redemption has been finally foreclosed by paying to the Director the amount required for redemption, together with interest at the rate of 12% per annum from the date of sale to the date of payment of the redemption money.

(1988 Code, § 33-72) (Bill No. 49-96, § 20, 7-1-1996; Bill No. 33-03, § 2, 7-1-2004)

                    
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