Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2016
Use Fuel Tax Law
CHAPTER 5. COLLECTION OF TAX.
Article 1. Security for Tax
8953. Non-transferability after notice. After receiving the notice the persons so notified shall neither transfer nor make any other disposition of the credits, other personal property, or debts in their possession or under their control at the time they receive the notice until the board consents to a transfer or disposition or until 60 days elapse after the receipt of the notice, whichever period expires the earlier.
History.—Added by Stats. 1963, p. 1434, in effect September 20, 1963.