La. Stat. tit. 47 § 2267

Current with changes from the 2024 Legislative Session
Section 47:2267 - [See Note] Procedure to enforce lien and privilege; proceeds of judicial sale
A. A judgment in favor of the tax lien certificate holder in an action brought pursuant to R.S. 47:2266.1 may be enforced by a writ of fieri facias directing the seizure and sale of the property described in the judgment pursuant to Code of Civil Procedure Article 2291 et seq. The procedure for enforcement of a judgment pursuant to a writ of fieri facias pursuant to those articles shall apply to the procedure to enforce the lien evidenced by a tax lien certificate.
B. The winning bidder shall deliver the price of the judicial sale to the sheriff. After deducting the costs of the sale and any commission due, the sheriff shall distribute the proceeds in the following order:
(1) To the plaintiff certificate holder for the payment of the judgment plus judicial interest through the date of sale and reasonable costs and attorney fees incurred in relation to the judicial sale.
(2) To the holders of tax lien certificates that have not perempted for the termination price.
(3) To holders of recorded mortgages, liens, and privileges to satisfy each claim.
(4) To each owner in accordance with their interest.
C. Distribution of the judgment amount to the plaintiff tax lien certificate holder shall be made immediately following the sale, regardless of any dispute that arises between other parties over allocation of the surplus sale proceeds. Disputes over the surplus proceeds shall not delay the issuance of the sheriff's deed to the winning bidder.
D. If any of the proceeds are not able to be delivered, they shall be deposited in the registry of the court in which the original action was brought. The cost of causing the deposit shall be deducted from the funds being deposited. If the surplus proceeds are not claimed within one year they shall be subject to the Uniform Unclaimed Property Act of 1997, R.S. 9:151 et seq.

La. R.S. § 47:2267

Added by Acts 2024, No. 774,s. 1, eff. 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..