7-1-51. Proceeds of levy and sale.
76 words·~1 min read·
/nm/chapter-7-taxation/article-1-administration/7-1-51·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Money realized by levy or sale under provision of the Tax Administration Act shall be first applied against the expenses of the proceedings;
B. The amount, if any, remaining shall then be applied to the liability for tax in respect of which the levy was made; and
C. The balance, if any, remaining shall be returned to a person legally entitled thereto.
History: 1953 Comp., § 72-13-65, enacted by Laws 1965, ch. 248, § 53.