§ 39-3-5-107

(1) On and after the date of payment by the state treasurer to the county treasurer as provided in section 39-3.5-106, the right to receive repayment of a loan for deferred taxes and to enforce the lien created by deferral shall be vested in the state treasurer.(2) A taxpayer must tender repayments of a loan for deferred taxes to the state treasurer, and the state treasurer shall give the taxpayer a receipt therefor. A county treasurer shall not accept a repayment.(3) Promptly upon receiving repayment of a loan for deferred taxes, the state treasurer shall issue a release of the deferred tax lien, which release shall be given or sent to the person making payment. Copies of the release shall be sent to the treasurer and the assessor.(4) All interest received in payment for a loan for deferred taxes shall be credited to the general fund by the state treasurer.Amended by 2022 Ch. 388, § 9, eff. 6/7/2022.L. 78: Entire article added, p. 474, § 1, effective 2/28/1979. L. 2002: Entire section amended, p. 638, § 3, effective July 1.