§55-12-3. Certificate as to bond to be appended to notice of
sale; effect thereof.
Every notice of such sale shall have appended to it the
certificate of such clerk that bond and security has been given by
the commissioner or special receiver as required by law. When such
certificate shall have been published (or posted, when the notice
is posted in lieu of publication) with an advertisement of the sale
of property, or when such bond shall have been given prior to a
sale not publicly advertised, any person purchasing such property
in pursuance of such advertisement, or in pursuance of the decree
or order of sale, shall be relieved of all liability for the
purchase money, or any part thereof, which he may pay to any
commissioner or special receiver as to whom a proper certificate
shall have been appended to such advertisement, or who shall have
given the bond aforesaid.