Alabama § 40-10-200 - Financial Interest by Certain Officers or Employees in Purchase of Tax Lien Sold for Delinquent Taxes.
Full text of Alabama Code of Alabama § 40-10-200 — Financial Interest by Certain Officers or Employees in Purchase of Tax Lien Sold for Delinquent Taxes., with citation guidance and answers to common questions.
§ 40-10-200. Financial Interest by Certain Officers or Employees in Purchase of Tax Lien Sold for Delinquent Taxes.
(a)(1) Except as provided in subdivision (2), a tax assessing or tax collecting official, commissioner of revenue, judge or clerk of the court with jurisdiction over actions filed under this article, or any employee of any of those offices shall not knowingly have a direct or indirect financial interest in the purchase of any tax lien sold for delinquent taxes within his or her jurisdiction. A sale made in violation of this subsection is void.
(2) This section does not apply to an attorney representing a party in the purchase of a tax lien sold for delinquent taxes or an employee of the attorney.
(b) A violation of this section is a Class C misdemeanor and the sureties on his or her official bond shall be liable for a penalty not to exceed five hundred dollars ($500) to be fixed by the circuit judge with jurisdiction in the county. The penalty shall be remitted to the general fund of the county.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 40-10-200
What does Code of Alabama § 40-10-200 cover?
Section 40-10-200 ("Financial Interest by Certain Officers or Employees in Purchase of Tax Lien Sold for Delinquent Taxes.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 40-10-200?
A common citation format is "Code of Alabama § 40-10-200" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 40-10-200 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.