Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Energy Resources Surcharge Law

CHAPTER 6. COLLECTION OF SURCHARGE

Article 2. Notice to Withhold

Section 40152

40152. Duty to hold credits, other personal property, and debts. After receiving the notice the person 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.