§ 13-802
96 words·~1 min read·
/md/tax-general/13-802A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§13–802.
If the transferee or auctioneer in a bulk transfer fails to file the notice required in § 11-505 of this article or to retain consideration in an amount equal to the claim of the Comptroller for unpaid sales and use tax:
(1)any consideration in the bulk transfer is subject to a first priority right and lien for any sales and use tax that the transferor owes to the State; and
(2)the transferee or auctioneer is personally liable for the sales and use tax, interest and penalties that the transferor owes to the State.