58.1-2021 - Memorandum of lien for collection of taxes. - Virginia Statutes

§ 58.1-2021. Memorandum of lien for collection of taxes.

A. If any taxes or fees, including penalties and interest, assessed by theState Corporation Commission in pursuance of law against any person, are notpaid within thirty days after the same become due, the State CorporationCommission may file a memorandum of lien in the circuit court clerk's officeof the county or city in which the taxpayer's place of business is located,or in which the taxpayer resides. If the taxpayer has no place of business orresidence within the Commonwealth, such memorandum may be filed in theCircuit Court of the City of Richmond. A copy of such memorandum may also befiled in the clerk's office of all counties and cities in which the taxpayerowns real estate. Such memorandum shall be recorded in the judgment docketbook and shall have the effect of a judgment in favor of the Commonwealth, tobe enforced as provided in Article 19 (§ 8.01-196 et seq.) of Chapter 3 ofTitle 8.01, except that a writ of fieri facias may issue at any time afterthe memorandum is filed. The lien on real estate shall become effective atthe time the memorandum is filed in the jurisdiction in which the real estateis located.

B. Recordation of a memorandum of lien hereunder shall not affect the rightto a refund or exoneration under this subtitle, nor shall an application forcorrection of an erroneous assessment affect the power of the StateCorporation Commission to collect the tax, except as specifically provided inthis title.

(Code 1950, §§ 58-41 to 58-43; 1971, Ex. Sess., c. 155; 1984, c. 675; 1985,c. 528.)