California Statutes
§ 55142. — 55142. (Added by Stats. 1992, Ch. 407, Sec. 1.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 30. PART 30. FEE COLLECTION PROCEDURES LAW·Ch. 4. CHAPTER 4. Collection of Fee·Art. 2. ARTICLE 2. Judgment for Fee
(a)If the board determines that the amount of the fee, interest, and penalties are sufficiently secured by a lien on other property or that the release or subordination of the lien imposed under this article will not jeopardize the collection of the amount of the fee, interest, and penalties, the board may at any time release all or any portion of the property subject to the lien from the lien or may subordinate the lien to other liens and encumbrances.
(b)If the board
finds that the liability represented by the lien imposed under this article, including any interest accrued thereon, is legally unenforceable, the board may release the lien.
(c)A certificate by the board to the effect that any property has been released from a lien or that the lien has been subordinated to other li
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California § 55142. (55142. (Added by Stats. 1992, Ch. 407, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1992, Ch. 407, Sec. 1. Effective January 1, 1993.