                                 CODE OF VIRGINIA

HOW INTANGIBLE PERSONAL PROPERTY TAX COLLECTIBLE (§ 58.1-1117)

Each county and city treasurer shall proceed promptly to collect all intangible
personal property taxes for the tax year that have been assessed by the
commissioner of the revenue and remain unpaid after the time fixed by law for
payment and shall continue his efforts so to collect until the close of the then
current calendar year. The collection of such taxes shall be enforced by legal
process to the extent collection cannot be accomplished otherwise, and all
remedies available to the county or city treasurer for the collection of other
taxes shall apply to the collection of intangible personal property taxes.
		Within thirty-one days after the close of each calendar year, the treasurer
shall transmit to the Department in the form it may prescribe, such information
as the Department may require with respect to all assessments that the
commissioner of the revenue made during such calendar year and that the
treasurer was unable to collect. The Department, upon receiving and examining
the same, shall certify to the Comptroller the necessary information to enable
the Comptroller to give such treasurer proper credit on the Comptroller&#8217;s
books for all unpaid items, and such treasurer shall not receive any of such
taxes after he has transmitted such information to the Department, but the same
shall be paid directly into the state treasury. Section 58.1-1800 shall not
apply with respect to the intangible property taxes covered by this paragraph.
		The Department shall have power to issue a memorandum of lien under §
58.1-1805 for the collection of such taxes in the same manner and with the same
effect as in the case of a memorandum of lien issued for the collection of taxes
assessed by such Department; and all provisions of law applicable to such
memorandum of lien shall be applicable to each memorandum of lien issued for the
collection of taxes under this section. The Department shall also have power to
collect the taxes as aforesaid by other legal process.

HISTORY: Code 1950, § 58-441; 1960, c. 508; 1977, c. 396; 1984, c. 675; 1985,
c. 221.