568.16  Purchase money refunded.
  If the grantee of the state, or the grantee’s successors, administrators, or assigns, shall be deprived of the land conveyed by the state under this chapter by the final decree of a court of record for the reason that the conveyance by the state did not pass title to the land described, because title to the land had previously for any reason been vested in others, then the money paid by the state for the land shall be refunded by the state to the person or persons entitled to the refund, provided the grantee, or the grantee’s successors, administrators, or assigns, shall file a certified copy of the transcript of the final decree with the executive council within one year from the date of the issuance of such decree, and shall also file satisfactory proof with the executive council that the action over the title to the land was commenced within ten years from the date of the issuance of patent or deed by the state. The amount of money to be refunded under the provisions of this section shall be authorized and paid by the executive council as an expense from the appropriations addressed in section 7D.29.
[S13, §2900-a13; C24, 27, 31, 35, 39, §10236; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §568.16]
2003 Acts, ch 145, §286; 2011 Acts, ch 131, §37, 158
Section amended