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<br />Exarpb From Internal Revenue Code
<br />Sec. 6321. Lien For Taxes
<br />It VX. ;ersOn liable to pay any tax MjKft tt? tofu$" to
<br />pay M feeme after demand, the amount (inc jty;q any inter.
<br />aft. b'!:7lbonsl amount, addition to tax, or assessable penalty,
<br />together with any costs tat may accrue in addition thereto)
<br />Sall be a lion In favor of the WIN States upon all property
<br />nddrights to property, --he 11, real or personal, belonging
<br />person.
<br />Sae, C.M. Period Of Lien.
<br />unless another date is SPK'f'CAlly fixed by law, the ken
<br />impood by section 6321 shelf WISS 41 the time the assessment
<br />13 made and Sall continue until the liability for the amount so
<br />Assessed (or a judgment against the taxpayer arising out of
<br />such liability) Is Satisfied or Waffles unenforceable by reason
<br />of lapse at tine.
<br />Sec.6323. Validityand Priority Against
<br />Certain Persons.
<br />(s) Purmhwesr "oWro Of Secuft in-
<br />b Mbr MedMW8 UNOfer And',illdgrnent
<br />Lien Creditors. — The lien Irttposid by sedum 6321 shall
<br />not be valid as against a y'pvchasor, holder of a security
<br />Interest mechAnIC's INnOr, =942ment lien creditor until notice
<br />thereof which mots the requ.1ments of subsection (f) has
<br />boon filed by the Secretary
<br />(n Pha For Filing Notice; Form.
<br />(1) Place For Film; - rce notice mete,re: to in silo-
<br />section (a) shall be filed -
<br />(A) Under State Laws
<br />(i) Real Property • in the case of real ;.%; rty. in one
<br />Office within the State (or the county, cr Cthespuernmental
<br />subdivision), as designated by the bliss of 91W State. In
<br />which the property sub*l lathe lien is S r 8mt%. apd
<br />Di) Personal Property - ;r ere case "0" personal
<br />Property. whether tang:: a cr. h'Zang,ble. in one office
<br />within the State (or t:e:crvirtq, or other governmental
<br />subdivision), as Ees;aeftw! +3y the laws of Such State.
<br />in wh;0. the prope"y•sa7ett to the lien is situated
<br />or
<br />(e) Wilh" :Eck 01 Disthq Court - In the office of the clerk of
<br />the United States district court for the judicial district in which
<br />the property Sublett to lien is situated. whenever the State has
<br />101 by IAw designated one office which meets the requirements of
<br />subparagraph (Al. or
<br />(C) Nirh Recorder Of Deeds Of The District 01 Cuitimo a In
<br />the office bf Cie Recorder of Deeds of the District - 1ISd;dmD'a d
<br />tie property subbed U Me hen is situated in fro D..tr.rt of
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<br />Grantor,_,..
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<br />Grantee
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<br />COUNTY i)F HALL ),SS
<br />89 Flo I k All 10 2 .
<br />(2) Sito Of Property Subject To Lion - For purposes of
<br />paragraphs (I) shd (4). property shall be deemed to be situated.
<br />(A) Real Property - In the case of rear property, at Its
<br />Physical location: or
<br />(8) Personal Property - In the case of personal Pro",
<br />whether tangible or intangible, at•.tte rMidende of the
<br />taxpayer Al the time the notice ct >een :s fited.
<br />For purposes of paragraph (2) (8). the -,wtonee of a Corporation
<br />Or partnership shall be domed to be-the place at which the
<br />Principal executive off" of the business is located, arid the
<br />residence of a taxpayer whose r "ideme is without the United
<br />States shall be domed to be in the District at Columbia.
<br />M Form • ins Corm and content of the notice
<br />referred to in subsection (a) shali be presetlbed by the
<br />Secretary. Such nonce shall be valid notwithstanding any
<br />other provision of law regarding the form or content of a
<br />notice Of lien.
<br />Note. See section 6MI(b) for protection for
<br />certain interests even though notice of lien
<br />imposed by section 6321 is fired with respect
<br />to:
<br />I. Securities
<br />2 Motor vehicles
<br />3. Personal property purchased at retail
<br />4. Personal property purchased in Casual sale
<br />S. Personal property sub,,Kted to possessory lien
<br />6. Real property tax and special assessment liens
<br />7. Residential property subject to a Mechanic's
<br />lien for certain repairs and Improvements
<br />8- Attorneys liens
<br />9 Certain insurance contracts
<br />10- Passbcok loans
<br />(g) Rellling Of' Notice. — For purposes of this
<br />section -
<br />(i) GeneratRufe.—J ^esS.rc
<br />the manner prescnte, It,,ra'agraar
<br />refihng period. sue.,, r :"tce cf hen sta4 to t-erec as `..lee: e no
<br />care on which it is !r(e6 (in accordance wttr 9 :]SiC.Orr (f }• a`.'sr
<br />the er•'Aticn o! such refilmg period.
<br />'n' O',9$ pore Filing. — w ".;o:ice of cell -er,,o
<br />c_�73 rte-- P1;:JreS f dJP.ag period shall be effective only .
<br />!i s�Y�di:(]: aoflien isretiledin the office inwhichthe
<br />.nor notice cf .Ten was filed, and
<br />(ii) rn the Case of real property. the fact of ref,ling is
<br />entered and reco•ded r an index to t "e eritnt ., :,red by
<br />Subsection 11) 'e;, and
<br />se) in any case's'. which 9D days or more prior to the date
<br />of a relaing of notice of Jieb ur.Der "subparagraph iAi the
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<br />Ser:ratity received written Informallen (in ifs roamer
<br />Ppwritee In mgo1itl7ns issued b) the Secretary)
<br />CORM-110% a chv l,,4 m i% lupam s tasidonce .t a non.*
<br />Of Stir-115611 dalso ffled r.A acCOrdancs will subeldigh (n in
<br />t%- SUN In wt WA such r"idenes is located.
<br />(3) R"Uftd .Refiing Period. — in n. ease
<br />Of any notice of Tien, the farm -required refiling period- -tears -
<br />(A) the one- year pgriod ending 30 days after the exVIrjW t
<br />of 6 years after the Cate of the assessment of ire bas. and
<br />(8) onsets• yearperiodertdingwttntreexplritWnotByean
<br />fN�r Lt;. C! Mti. tR 9tr�vQ :or
<br />such natty 01 lien
<br />Sec. 6325. Release Of - uen, Or
<br />Discharge Of Fr^;Jgrty..
<br />(a) Releeee Of lien. — subt.ct to sYrdf
<br />regulations as the Secretary may prascrib4 tee ararrsr) "ft +air.
<br />Issue a Certificate Of reteass of any lien impOW. rrrn rrLgerltzA
<br />any internal revenue tax not ;Ater than 30 days x1:v'.`o day w "
<br />!which -
<br />(1) Liability Satisfied or Unenforceable - The Secretatr
<br />finds that the Ilabikrf (or the amount assessed• togef.ter wit) ak
<br />Interest In respect a"reot. has been fussy sAtsfed or ras
<br />become legally unenforrhaljW or
<br />(2) 8o ^.O AceepNd - There+$ !�rnlsrsd tc the Saaetar) arse
<br />aeceptedl:y mm a DOrdthit Is conait.oned ,;pan ire peymer2pr,
<br />the AMC_-, Assessed".together with a :l Wortst In respect
<br />thereof, within the tine pcescnbild by Iaw f.ncluding aryl;
<br />extension of such time ;•Oni trat is to accardarce w 5n suety
<br />requirements reiatirg to'H: rd. ;endit :ong, and for-I of the bomb(
<br />and sureties thereon as .'art be $pee -f ec by such reg7lst one:
<br />Sec. 6103. CMfidentiality and Dis.
<br />closure of Returns and return Im•
<br />formation.
<br />(k) Disclosure d'. Certain Retuma and: "
<br />Return lnformatlar'6 .Fir Tax Administratlon
<br />f2: S +sudsycaran *t :_'s'a }•,u,un•:fanoncew,
<br />lien has been tre9 ps.z- fs_ect c 6323.1 i -e anourt of the
<br />outstanding ob.:gal on SE Udc ^Y suC '.r^ " av re diltlo", to.
<br />any versor who furnishes WtU1iiz1Ory w-,tten ew9ence that no
<br />lees a right m Me oroper-f 9Ailct to Such " an or aiteras la'
<br />owa�n a ngnt in s,ch prc:ecy�
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