Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2011
 

Hazardous Substances Tax Law

CHAPTER 4. COLLECTION OF TAX

Article 5. Miscellaneous

Section 43443

43443. Credits; bank. All persons so notified shall immediately, after receipt of the notice, advise the board of all credits, other personal property, or debts in their possession, under their control, or owing by them. If the notice seeks to prevent the transfer or other disposition of a deposit in a bank or other credits or personal property in the possession or under the control of a bank, the notice, to be effective, shall state the amount, interest, and penalty due from the person and shall be delivered or mailed to the branch or office of the bank at which the deposit is carried or at which the credits or personal property is held. Notwithstanding any other provision, with respect to a deposit in a bank or other credits or personal property in the possession or under the control of a bank, the notice shall only be effective with respect to an amount not in excess of the amount, interest, and penalty due from the person.

History.—Stats. 1982, Ch. 496, in effect July 12, 1982, substituted "immediately" for "forthwith" after "shall" in the first sentence, substituted "the" for "such" before "notice," before the second "deposit," and before the second "credits" in the second sentence, and deleted "two times" after "excess of" in the third sentence.