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<br />Exmrpb From Internal Rerow Code
<br />Sec. 6321. Lien For Taxes.
<br />a Sell jeered!! NaMa to pay Any tax neglscte or refuge to
<br />gay the toes aft OPPAK ft amount (Including any Inter.
<br />eat, $dotes aaeram. stow to tax, or wassail panel
<br />MP" with my =0 00 Mir Kerta In addlaon theme)
<br />SW be a No In faire of as Uf tad Stan upon all property
<br />Ill rya te fit"", ololm read or personal, belonging
<br />Mwattp - .
<br />Sec. 6322. Period Of Lien.
<br />LWM anathat..40 b SP&ftgy fixed by law, the to
<br />If Is by no" 0311 scat win at the time the esgarrard
<br />is mesa and mom until the liability for the amount so
<br />ageesaa br a judgment against the taxpayer arising out of
<br />Such I dit) Is S&ftW or UKMM unenforceable by reason
<br />of wpm Of "hall
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />w Prxchavol Holden Of Seamy In-
<br />bf"K tNsdwk's LWWS, And Judgment
<br />Lien Creme — The lien Imposed by section 0321 shall
<br />fiat be valid as against any purchaser. holder of a security
<br />hhtest, modw1 's ileMr, or Judgment It" creditor mte notice
<br />thereat which meste the niquifemerns of subsection in has
<br />been filed by the Secretary.
<br />(n Phm For Patters Notice; Forml
<br />11) Piece For Filing - The notice referred to in sub -
<br />Section (a) shall be filed -
<br />(A) Under State Laws
<br />(I) Real Property - M the case of real property, in one
<br />office within the State (or the county, or other governmental
<br />sub$ lile(t), 11 :1*312nated by the laws of such Stale. in
<br />which the property subject to the lien is situated; and
<br />(D) Personal Property - In the case of personal
<br />property, whether Unti l8 or intangible, in one office
<br />Within the State (or the county, or other governmental
<br />subdivision), as designated by the laws of such State.
<br />in which the property subject to the hen is situated.
<br />or
<br />(B) With Clark Of District Court - In the office of the clerk of
<br />Me United States district court for the judicial district in which
<br />the property subject to lien is situated, whenever the State has
<br />not by law designated one office which meets the requir, menls of
<br />subparagraph (A), or
<br />(C) With Recorder Of Deeds Of The District Of Cciumoia - in
<br />ale offica of the Recorder of Defi sof the District of Coiurl it
<br />M41 property subjec! to the lien is soualf e in b're o;sn:rx nl
<br />Columbia.
<br />M
<br />87 hindered as IJovcrsTteni N4,)
<br />1 01 4 ��%
<br />real
<br />real r IT, r,
<br />(21 Sinn of Property Subject To Lien - For parposes at
<br />Pragrapha (1) and le), property shall be Owned to be st fisted.
<br />(A)11ell Pro" - In the call of tat pro", of Ina
<br />Physical tesaaon: or
<br />(a) Personal Property - in as Call of pdramal property,
<br />whether tangible or irr"ble, at the reskim of the
<br />taxpayer at the lime the noes of lien Is filed.
<br />For purpoaa of paragraph (2) (s), the rtetdMee or a eorporaeol
<br />or partnership shall be dean hed to be the plan at which the
<br />prbcpal exeeutlw am" of the busiraes Is loam. led ate
<br />rpkencs of a taxpayer wAlea mom Is wiaeut the United
<br />States shall be deemed to be M the District of Columbia.
<br />(3) Form - The ..form and content of this froda
<br />referral to In wpNCUon (a) shall be prescribed by the
<br />Secretary. Such fMUas Shal ba valid wfiniffisn" -any
<br />other provision of law regarding the for or content of a
<br />m iq of lion.
<br />Note: See section 6323(b) for protection for
<br />certain interests even though notice of lien
<br />Imposed by section 6321 is filed with respect
<br />to:
<br />1. securities
<br />2. Motor vehicles
<br />3. Personal property purchased at retail
<br />1. Personal property purchased In casual sale
<br />5. Personal property subjected to possessory lien
<br />6. Real property in and special assessment liens
<br />71 Residential property subject to a mechanic's
<br />lion for certain repairs and improvements
<br />8. Attorney's lions
<br />S. Certain Insurance contracts
<br />10. Passbook loans
<br />(gl Refgtng Of Notice. — For purposes of this
<br />section -
<br />(1) Gemral Rafe. — Unless notice of lien is rallied In
<br />the manner prescribed in paragraph (2) during the required
<br />Telling period, such notice of lion $hail be treated as filed on the
<br />dale on which it is riled fin accordance with subsection If)) after
<br />the expiration of such refiring period.
<br />(2) Pill For Filing. — A notice of lien refriried
<br />during the required refding period shall be,liffaehve only -
<br />fAl d_
<br />(i) such notice of ken is refried In the office in which the
<br />prior notice of lien was filed, and
<br />(ii) to the case of real property, the fact of rating is
<br />entered and recorded in an ,ndex to the extent required try
<br />subsection (1) fir, and
<br />iDl n any case in which, 90 day: or mare pn xo tf+e date
<br />Of a Milling of noCCe of lien unCei subpal apt, (A). the
<br />L�
<br />secreury nctl wonal Information (In as memo
<br />prescribed In regulations Issued by as Secretary)
<br />Cbfhpmhtg a eMnpa M the taxiesyo'a realwale, N a fads
<br />of W Rat Is On filed In M=rdow with oubledW m In
<br />the state In wlddl aufdh ha ideraw Is bated.
<br />of any nee of lift the term rwu irgreM per) man
<br />(A) the om-jw parbd Will 30 days after the liorafion
<br />Of d yesre aft ft data Of the UNUMeM of the nix, and
<br />(e) the om- yysuperled ending with the expiraaon oil years
<br />aft that elm of the praoedlns required refiling period for
<br />each MON aflieo. ; _
<br />Sec. 6325. Release Of "Lien Or
<br />Discharge Of Property.
<br />(a) Rehim Of Lien. — Subject to such
<br />regulations ea the Secretary may prescribe, the Secretary shall
<br />lass a cortiflcats of release of any lien imposed with respect to
<br />any infernal revenue tax not later than 30 days afar the day on
<br />which -
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />finds that the liability for the amount assessed, together with all
<br />Interest M fail thereof, has been fully Satisfied or has
<br />become legally unenforceable; or
<br />(2) Bond Accepted -There Is furnished to the Secretary and
<br />accepted by him a bond that Is conditioned upon the payment of
<br />the amount assessed, together with all interest In respect
<br />thereof, within the time prescribed by law (Including any
<br />extension of such time), and that is In accordance with such
<br />requirements rotating to terms, conditions, end form of the bond
<br />and sureties thereon, as may be specified by such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />(k)'Diro' of Certain Returns and
<br />Rdtatn Information For Tax Administration
<br />Paposs ,
<br />(2) Disclosure of amount of outstanding lien. - If a notice of
<br />lien has been filed pursuant to section 6323(n. the amount of the
<br />outstanding obligation secured by such hen may be disclosed to
<br />any person who furnishes satisfactory written evidence that he
<br />has a right in the property subject to such lien or intends to
<br />obtain aright in such property
<br />I
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<br />�
<br />3
<br />87 hindered as IJovcrsTteni N4,)
<br />1 01 4 ��%
<br />real
<br />real r IT, r,
<br />(21 Sinn of Property Subject To Lien - For parposes at
<br />Pragrapha (1) and le), property shall be Owned to be st fisted.
<br />(A)11ell Pro" - In the call of tat pro", of Ina
<br />Physical tesaaon: or
<br />(a) Personal Property - in as Call of pdramal property,
<br />whether tangible or irr"ble, at the reskim of the
<br />taxpayer at the lime the noes of lien Is filed.
<br />For purpoaa of paragraph (2) (s), the rtetdMee or a eorporaeol
<br />or partnership shall be dean hed to be the plan at which the
<br />prbcpal exeeutlw am" of the busiraes Is loam. led ate
<br />rpkencs of a taxpayer wAlea mom Is wiaeut the United
<br />States shall be deemed to be M the District of Columbia.
<br />(3) Form - The ..form and content of this froda
<br />referral to In wpNCUon (a) shall be prescribed by the
<br />Secretary. Such fMUas Shal ba valid wfiniffisn" -any
<br />other provision of law regarding the for or content of a
<br />m iq of lion.
<br />Note: See section 6323(b) for protection for
<br />certain interests even though notice of lien
<br />Imposed by section 6321 is filed with respect
<br />to:
<br />1. securities
<br />2. Motor vehicles
<br />3. Personal property purchased at retail
<br />1. Personal property purchased In casual sale
<br />5. Personal property subjected to possessory lien
<br />6. Real property in and special assessment liens
<br />71 Residential property subject to a mechanic's
<br />lion for certain repairs and improvements
<br />8. Attorney's lions
<br />S. Certain Insurance contracts
<br />10. Passbook loans
<br />(gl Refgtng Of Notice. — For purposes of this
<br />section -
<br />(1) Gemral Rafe. — Unless notice of lien is rallied In
<br />the manner prescribed in paragraph (2) during the required
<br />Telling period, such notice of lion $hail be treated as filed on the
<br />dale on which it is riled fin accordance with subsection If)) after
<br />the expiration of such refiring period.
<br />(2) Pill For Filing. — A notice of lien refriried
<br />during the required refding period shall be,liffaehve only -
<br />fAl d_
<br />(i) such notice of ken is refried In the office in which the
<br />prior notice of lien was filed, and
<br />(ii) to the case of real property, the fact of rating is
<br />entered and recorded in an ,ndex to the extent required try
<br />subsection (1) fir, and
<br />iDl n any case in which, 90 day: or mare pn xo tf+e date
<br />Of a Milling of noCCe of lien unCei subpal apt, (A). the
<br />L�
<br />secreury nctl wonal Information (In as memo
<br />prescribed In regulations Issued by as Secretary)
<br />Cbfhpmhtg a eMnpa M the taxiesyo'a realwale, N a fads
<br />of W Rat Is On filed In M=rdow with oubledW m In
<br />the state In wlddl aufdh ha ideraw Is bated.
<br />of any nee of lift the term rwu irgreM per) man
<br />(A) the om-jw parbd Will 30 days after the liorafion
<br />Of d yesre aft ft data Of the UNUMeM of the nix, and
<br />(e) the om- yysuperled ending with the expiraaon oil years
<br />aft that elm of the praoedlns required refiling period for
<br />each MON aflieo. ; _
<br />Sec. 6325. Release Of "Lien Or
<br />Discharge Of Property.
<br />(a) Rehim Of Lien. — Subject to such
<br />regulations ea the Secretary may prescribe, the Secretary shall
<br />lass a cortiflcats of release of any lien imposed with respect to
<br />any infernal revenue tax not later than 30 days afar the day on
<br />which -
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />finds that the liability for the amount assessed, together with all
<br />Interest M fail thereof, has been fully Satisfied or has
<br />become legally unenforceable; or
<br />(2) Bond Accepted -There Is furnished to the Secretary and
<br />accepted by him a bond that Is conditioned upon the payment of
<br />the amount assessed, together with all interest In respect
<br />thereof, within the time prescribed by law (Including any
<br />extension of such time), and that is In accordance with such
<br />requirements rotating to terms, conditions, end form of the bond
<br />and sureties thereon, as may be specified by such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />(k)'Diro' of Certain Returns and
<br />Rdtatn Information For Tax Administration
<br />Paposs ,
<br />(2) Disclosure of amount of outstanding lien. - If a notice of
<br />lien has been filed pursuant to section 6323(n. the amount of the
<br />outstanding obligation secured by such hen may be disclosed to
<br />any person who furnishes satisfactory written evidence that he
<br />has a right in the property subject to such lien or intends to
<br />obtain aright in such property
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