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<br />Exolrpls From InNmel Retfenw Code
<br />Sec. 6321. Lien For Taxes.
<br />If any person table to pay any tax neglects or refuses to
<br />pity the same afar demand, the amount (Including any Intar-
<br />OK a omw amount, addnrofl to taxi or asNaaable penalty,
<br />"Nor Met any cap Mat may accrue In addition thereto)
<br />eMl be a Iken M Mar of the UMpd $tales upon all property
<br />and rlehb to pro", whWw red or personal, belonging
<br />M such person.
<br />Sec. 6322. Perlod Of Lien.
<br />Unisa afalMr dap Is specifically fixed by law, the Ilan
<br />Intpeaad by section 6921 shall else at the time the ussament
<br />ke made ant shall cemlmae until the liability for the amount so
<br />aaaeaed (or a judgment against the taxpayer arising out of
<br />such IIONY) Is Ntlefied or becomes unenforceable by reason
<br />of Ipee of time.
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />(,) Purchasers, Holders Of Secu ty In-
<br />feneNe Medwic's Liencrs, And JudpnNnt
<br />Um Celedltpry. — Tha lien imposed by section 6321 &hall
<br />not be valid a against any purchaser, holder of a sepurity
<br />IaMest, meehank's lienor, or judgment Ilan creditor until notice
<br />Woo who map the requirements of subsection (p has
<br />ban rates by the Secretary.
<br />m Plece For Ftikty Notice; Form. —
<br />(1) Plata For Filing - The notice referred to in sub-
<br />section (n shall be filed -
<br />(A) Udder sate Laws
<br />(1) Mal Property - In the cue of real property, In one
<br />office within the State (or the aunty, or other governmental
<br />1ub/IvkeloNi asAwigna)M by the laws of such State. In
<br />which thi property subjed to the Ilan is situated; and
<br />(11) Personal Property - In the uses of personal
<br />Property, whether tangible or intangible, m 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 sltated.
<br />or
<br />(B) With Clerk of District Court - In the office of the clerk of
<br />the United States district court for the judicial district in which
<br />the property subject to lien is situated. whenever the Stale has
<br />not by law designated one office which meets the requirements of
<br />subparaoraph (A), or
<br />(C) With Recorder Of Deeds Of The District Of Columc.a In
<br />theePoce of the Records# of Dods at the District of Coiumb,a n
<br />the property subject to ;he lien is situated 11 i =e [IM -1 o
<br />Columbia.
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<br />(2) Billie of Property Butted To Lion • For purposed of
<br />paragraphs (1) and (4), property shall be domed to be alluded
<br />(A) Bed Property - In the CAN of roll property, It Its
<br />phyetcaf kecagon: or
<br />(B) Personal Property - In Me case Of persona) property,
<br />whether tangible or Intangible, at the mldence of the
<br />taxpayer at the time the notice of Ilan Is 1110.
<br />For purposes of paragraph (2) (B), Me residence of a corporation
<br />or partnership shall be deemed to be the place at which the
<br />principal executive office of the business Is "too. and the
<br />residence of a taxpayer whoa residents Is without the United
<br />States Mall be deemed to be In the District of Columbia.
<br />(3) Form - The form and content of the notice
<br />Merrod to In subsection al alldl be pfoadbed by the
<br />Secretary. Such notice shall be valid notwithstanding any
<br />other provision of taw regarding the form or content of a
<br />notice of lien.
<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 />e. Personal property purchased in casual sale
<br />5. Personal property subjected to possessory lien
<br />6. Roll property tax and special assessment liens
<br />7. Residential property subject to a mechanic's
<br />Ilan for certain repairs and Improvements
<br />6. Attorney's liens
<br />9. Certain insurance contracts
<br />10. Passbookloans
<br />(g) Reflling Of Notice. — For purposes of this
<br />section -
<br />nl General Rule. — Unless notice of Ilan Is rallied In
<br />the manner prescribed In paragraph (2) during the required
<br />ref0ing period. such notice of lien shell be treated as filed on the
<br />date on which It is filed tin accordance with subsection (f)) alter
<br />the expiration of such refihng period.
<br />12) Film For Filing. — A notice of lien refiled
<br />during the required telling period shall Fe effective only
<br />IAI if
<br />Ii) such notice of lien is rehled in the office in which the
<br />prior notice of hen was filed, and
<br />tiq .n the case of real property. the fact of telling is
<br />entered and recorded in an index to the extent required by
<br />subsection (11 (e), and
<br />fill in any case in which. 90 days or more prior to the data
<br />of a refihng of notice of hen under subparagraph (A). the
<br />Bkntary roco 0 sli toeiiMormem (In Me mNmer
<br />proscribed In ragdwons lowed by the secretary)
<br />concerning a Charles In eta tellpayaYs reddMOe, h a Mottos
<br />of Such Ian IsAW liked In eteardance wiM~on (QIn
<br />the State In which Such ruwww is WNW.
<br />(3) Req" RefMM III&, . — in the Cep
<br />of any notice of Mn, the term "(@wired raffling perlod" moos -
<br />(A) the one -year gonad ending 30 days char the expiration
<br />016 years after Of data of the aeeee~ Of the tax, and
<br />(B) the one- yolrperiod ending with the expirgem M years
<br />shsr the clop of the precs" required raffling period for
<br />such notice of Ian.
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Release Of Lien. — sulgect to such
<br />regulations as the secretary may prescribe, Me Secretary shall
<br />Issue a Certificate or release of any Ian Imposed with respect to
<br />any Internal revenue tax not later Men 30 days after MS day on
<br />which -
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />linos that the liability for the amount accessed, together with all
<br />Interest in respect thereof, his ban fully satisfied or has
<br />become legally unenforceable, or
<br />(2) Bond Accepted -There Is furnished ID 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 at such time), and that is In accordance with such
<br />requirements relating to terms, conditions, and 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 />kJ Obclaure , of Certain Returns and
<br />Rolum, Information For Tax Administration
<br />Purposes. —
<br />(2) Disclosure of amount at oulslandmp Ilan • If a notice of
<br />lien has been filed pursuant to section &323111, 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 nghl in the property subject to such lien or intends to
<br />obtain a right in such property
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<br />(2) Billie of Property Butted To Lion • For purposed of
<br />paragraphs (1) and (4), property shall be domed to be alluded
<br />(A) Bed Property - In the CAN of roll property, It Its
<br />phyetcaf kecagon: or
<br />(B) Personal Property - In Me case Of persona) property,
<br />whether tangible or Intangible, at the mldence of the
<br />taxpayer at the time the notice of Ilan Is 1110.
<br />For purposes of paragraph (2) (B), Me residence of a corporation
<br />or partnership shall be deemed to be the place at which the
<br />principal executive office of the business Is "too. and the
<br />residence of a taxpayer whoa residents Is without the United
<br />States Mall be deemed to be In the District of Columbia.
<br />(3) Form - The form and content of the notice
<br />Merrod to In subsection al alldl be pfoadbed by the
<br />Secretary. Such notice shall be valid notwithstanding any
<br />other provision of taw regarding the form or content of a
<br />notice of lien.
<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 />e. Personal property purchased in casual sale
<br />5. Personal property subjected to possessory lien
<br />6. Roll property tax and special assessment liens
<br />7. Residential property subject to a mechanic's
<br />Ilan for certain repairs and Improvements
<br />6. Attorney's liens
<br />9. Certain insurance contracts
<br />10. Passbookloans
<br />(g) Reflling Of Notice. — For purposes of this
<br />section -
<br />nl General Rule. — Unless notice of Ilan Is rallied In
<br />the manner prescribed In paragraph (2) during the required
<br />ref0ing period. such notice of lien shell be treated as filed on the
<br />date on which It is filed tin accordance with subsection (f)) alter
<br />the expiration of such refihng period.
<br />12) Film For Filing. — A notice of lien refiled
<br />during the required telling period shall Fe effective only
<br />IAI if
<br />Ii) such notice of lien is rehled in the office in which the
<br />prior notice of hen was filed, and
<br />tiq .n the case of real property. the fact of telling is
<br />entered and recorded in an index to the extent required by
<br />subsection (11 (e), and
<br />fill in any case in which. 90 days or more prior to the data
<br />of a refihng of notice of hen under subparagraph (A). the
<br />Bkntary roco 0 sli toeiiMormem (In Me mNmer
<br />proscribed In ragdwons lowed by the secretary)
<br />concerning a Charles In eta tellpayaYs reddMOe, h a Mottos
<br />of Such Ian IsAW liked In eteardance wiM~on (QIn
<br />the State In which Such ruwww is WNW.
<br />(3) Req" RefMM III&, . — in the Cep
<br />of any notice of Mn, the term "(@wired raffling perlod" moos -
<br />(A) the one -year gonad ending 30 days char the expiration
<br />016 years after Of data of the aeeee~ Of the tax, and
<br />(B) the one- yolrperiod ending with the expirgem M years
<br />shsr the clop of the precs" required raffling period for
<br />such notice of Ian.
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Release Of Lien. — sulgect to such
<br />regulations as the secretary may prescribe, Me Secretary shall
<br />Issue a Certificate or release of any Ian Imposed with respect to
<br />any Internal revenue tax not later Men 30 days after MS day on
<br />which -
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />linos that the liability for the amount accessed, together with all
<br />Interest in respect thereof, his ban fully satisfied or has
<br />become legally unenforceable, or
<br />(2) Bond Accepted -There Is furnished ID 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 at such time), and that is In accordance with such
<br />requirements relating to terms, conditions, and 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 />kJ Obclaure , of Certain Returns and
<br />Rolum, Information For Tax Administration
<br />Purposes. —
<br />(2) Disclosure of amount at oulslandmp Ilan • If a notice of
<br />lien has been filed pursuant to section &323111, 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 nghl in the property subject to such lien or intends to
<br />obtain a right in such property
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