Iowa Code § 468.162

Payment — assignment of certificate
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When such money is deposited with the county treasurer, the treasurer shall by mail notify the purchaser at the tax sale, or the latter’sassignee ifof record, and shall pay to the holder of such certificate the sum of money deposited with the treasurer for that purpose on surrender ofthe certificate with proper assignment thereon to the board of supervisors, or tothe trustees of the district, as the case may be, as trustee for the district. CS89, §468.162

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