(1) When a the property tax county lien is for which in possession of a tax lien that the is county is listed as purchaser is redeemed, the money received from the redemption, including penalties and interest but not costs, must be distributed to the credit of the various funds to which the taxes would have originally been distributed and in the same proportion as the taxes would have originally been distributed.

(2) (a) When an assignee a is property in possession of a tax lien for which that the is recorded purchaser is other than the redeemed, county the is redeemed, the county county treasurer shall distribute to the person listed as the purchaser assignee on the tax lien sale assignment certificate provided for and in 15-17-323, and in the record kept by the county treasurer the amount the purchaser assignee paid the county for the property tax lien plus any subsequent amount paid pursuant to 15-18-112 plus interest, as specified in 15-16-102, from the date of payment until the date of redemption. Any money remaining after distributing redemption proceeds to the purchaser other than the county assignee must be distributed pursuant to subsection (1).

(b) (i) The distribution must be made by certified mail, return receipt requested, by the county treasurer to the purchaser assignee at the address listed on the tax lien sale assignment certificate as provided in 15-17-212(1)(e). within 30 days of redemption.

(ii) If the money distributed to the purchaser assignee is returned unopened to the county treasurer, the treasurer shall publish once a week for 2 consecutive weeks give in notice the official newspaper of the county a notice as provided in 7-1-2121 stating that:

(A) the county treasurer is in possession of money belonging to the purchaser assignee for the redemption of the delinquency on the property named in the tax lien sale certificate;

(B) the money must be held by the county treasurer for a period of 1 year from the date of publication; and

(C) if the money is not claimed by the purchaser assignee within the 1-year period, the purchaser assignee relinquishes all claim to the money and the money must be credited to the county general fund.

(3) The publication notice required in subsection (2)(b)(ii) must be made at least annually, but the 1-year period described in subsection (2)(b)(ii)(B) may not begin until the date of publication. notice is given.

(4) The county treasurer shall keep an accurate account of all money paid in redemption, including a separate accounting of other delinquent taxes, interest, penalties, and costs, and when and to whom distributed.

Distribution of redemption proceeds