§ 11-505
136 words·~1 min read·
/md/tax-general/11-505A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§11–505.
(a)A transferee or auctioneer in a bulk transfer, as defined in § 6-102 of the Commercial Law Article, shall mail to the Comptroller the notice to creditors, as required in §§ 6-107 and 6-108 of the Commercial Law Article, whether or not:
(1)the transferor lists the Comptroller as a creditor; or
(2)the transferee or auctioneer knows that the transferor owes any sales and use tax.
(b)If the Comptroller finds that the transferor owes sales and use tax, the Comptroller shall file a claim for sales and use tax due from the transferor at the address required in the notice to creditors.
(c)If the Comptroller files a claim under subsection
(b)of this section, the transferee or auctioneer shall withhold the amount stated in the claim from distribution to the transferor.