When it becomes necessary, to secure the state or any county or other municipal corporation thereof from loss, to take real estate on account of a debt by bidding the same in at execution sale or otherwise, the conveyance shall vest in the grantee as complete a title as if it were a natural person.
[C73, § 1910; C97, § 2894; C24, 27, 31, 35, 39, § 10246; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 569.1]
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