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d I 87_ 106818 e. 5I it Exoerpb From Internal Revenue Code Sec. 6321. Lien For Taxes. If any pawn liable to pay any tax neglects or refuses to !pay the same after demand, the amount (including any Inter - eaL additlonal amount, addtion to tax. or a»es"hie penalty, saWaff with any costs that may accree In addition thmeo) 00 be a lion M hear of the Urited Stain upon all property she rlglts to property, whether real or personal belonging 4 such peraw. Sec. 6372. Period Of Lien. Unless aweta dab Is specifically fixed by law, the Ilen fOt0. by section 021 shall art" at the time tie assessment Is made w l shall continue until the liability for the amount so seeesaed (or a "Iff -t against the taxpayer arising out of rich gabllfty) Is "stalled or becomes unenforceable by reason of lopes of tlms. Sec.6323. Validity and Priority Against Certain Persons. W Parr~&, Holden Of securttif In- binMe, III rih file's Llenon, had Judgment Nell Crredhom — The hen Imposed by union 6321 shall net be valid " paint any purchaser, hoses of a security hereof. muhank's Ifewr, orWilment lion creditor until notice ganef wdlM meet the requirements of sub"ction (1) has been filed by the Secretary. m Pisa For I"Noda; Form. — (1) Place For Filing - The notice ratified to In such Union (a) "I be tied - (A) Uncle Stn Laws (1) Mel Property - In the case of real property, in one office within the Stab (or the county, or other governmental subdivision), as designated by the laws of such State, In which the prop" subject to the lion Is situated: said (II) Personal Property - In the case of personal property, weather tangible or intangible, in one office within the State ter the county, or other governmental subdivision), as designated by the laws of such $left. In which the property subject to the Ian is situated: or (e1 With Clerk Of District Court - In the office o: the clerk of the United States district coot for the judicial district in which the property subject to lien is situated. whenever the State has notayfew designated one office which mule in* requirements of subparagraph (A). or (C) With INcorder of Deeds OI The District Of Columoia In theetke of the Mcorder of Deeds of the District of Coiumoia, it the property subject U the hen is satiated in ino Di,trici of COW"6a. 3 O 0 u� r e� 3 Enfer«,,d 3s `)ectlment 140, 87-- Gram tdu ' a (2) Shoo Of Property Subject To lion - For purposes of paragraphs (1) and (q, property shall be deemed to be situated - (A) Mal Property - In the ease of rsel property, at no physkal location: or (e) Personal Property - In the use of personal Pro", whether tangible or Intangible, at the residence of the taxpayer at the time the notice of Men Is filed. For purposes of paragraph (2) (6), the residence of a corporation or partnership wall be doome0 to be the place at which the principal executive office of the business Is bated, and the rseidenee of a taxpayer whom residence is without the United States aAall be deemed to be in the District of Columbia. (3) Form - The form and content of the notice referred to in subsection (a) shall be prescribed by the Secretary. Such notice shag be valid notwithstanding any other provision of law regarding the form or content of a notice of lien. Note: See section 6323(b) for protection for certain interests even though notice of lien imposed by section 6321 is filed with respect to: 1. Securities 2. Motor vehicles 3. Personal property purchased at retail a. Personal property Purchased In usual sale 5. Personal property Subjected to possessory glen e. Mal property tax and special assessment Ilona 7. Residential property subject to a mechanic's lien for certain repairs and Improvements S. Attorney's lima 9. Corbin Insurance contracts 10. Passbook loans (g) Refllleg Of Node. — For purposes of this section - (1) Gemnl 1111111119, — unless nonce of lien is rallied In the manner prescribed In paragraph (2) during the required rolling period, such notice of lien shall be treated "filed an the date on which It is filed (to accordance with subsection (0) after the expiration of such raffling period. (2) Place For F1114 — A notice of Iron reined during the rpuired refiling period shall be effective only - (A) if - (i) such notice of lien is rallied In the office in which the prior notice of lien was filed, and (ii) in the can of real property. the fact of refiling is entered and recorded in an index to the extent required by subsection 10 (e), and (8) in any case in which. 90 days or more prior to the date of a refilling of notice of lien under subparagraph (A), the U Secretary ra awed wrUbn Intermatiw on vis nWines prescribed In regulations seed by Ow Sew") concerning a bangs in the taxpsysls residence, h a "Oft of such lion Is also filed In accordance with eubseiYbn M In the State In which such rsebance b located. M Roqulred Rfgllblo Pfr11bti — b the base of any notice of lien, the term "tepdnd nsfNNtp pariod" IaWa - (A) the ofe•yesr palled endp 3D days after the expiration of 6 years after the dab of the aeeesament of the tax, end (e) the one- yearWaid""with the sxWditof$yms after tea close of the protecting required remhtg ported for such notice of tin. Sec. 6325. Release Of Lien Or Discharge Of Property. (a) Rebm Of LWL — slow to each regulations "tM Secretary may presafbe. the Secretary " issueaoniti ate of roles" of any hen imposed withrepom any Internal revenue tax not later then 30 aye after to ay on which. (1) Liability Satisfied or Unenforceable • The Secretary finds list the liability for the amountaesessed, ft~ with AN Interest In respect thereof, h" been tufty "telNd of IW become legally unenforceable; or (2) Bond Accepted- Then IsfurNehedto the SwrdM and accepted by him a bond that Is conditioned ofan the payment of the amount "seesed, topeMr wish dl Instead In resI , thenOf, within the time prescribed by taw (nndudhq any retention of such time), and that Is In accordance with wit requirements ralatip to terms, comitte", sod form of the 1{ond ass sureties threw, a may be spedSsd by such regulations. Sec. 6103. Confidentiality and Dis- closure of Returns and Return In- formation. (k) DNdaum of CerWn RAM Rend Return Inkninatbn For Tex AdmkddrOon Purposes. — (2) Disclosure of amount of outstanding lien. - If a notice of Ilan has been filed pursuant to section M2311). the amount of the outstanding oblbstion secured by such lion may be disclosed to any person who fumshes satisfactory Wtittw esbana that he has a right In the property subject to such lien or Intends to obtain a right in such property . gill N r~ 1 i