Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
390.0000 ESCAPE ASSESSMENTS
390.0030 Dissolved or Bankrupt Corporation. Collectibility of tax liability resulting from an escape assessment is dependent upon whether or not real property subject to a lien is involved. If it is, an escape assessment against a dissolved or bankrupt corporation should be pursued, but if there is no lien and the corporation no longer exists, the obligation of the assessor to pursue an escape assessment should cease. C 8/31/1981.