                                 CODE OF VIRGINIA

MEMORANDUM OF LIEN FOR COLLECTION OF TAXES (§ 58.1-2021)

A. If any taxes or fees, including penalties and interest, assessed by the State
Corporation Commission in pursuance of law against any person, are not paid
within thirty days after the same become due, the State Corporation Commission
may file a memorandum of lien in the circuit court clerk&#8217;s office of the
county or city in which the taxpayer&#8217;s place of business is located, or in
which the taxpayer resides. If the taxpayer has no place of business or
residence within the Commonwealth, such memorandum may be filed in the Circuit
Court of the City of Richmond. A copy of such memorandum may also be filed in
the clerk&#8217;s office of all counties and cities in which the taxpayer owns
real estate. Such memorandum shall be recorded in the judgment docket book and
shall have the effect of a judgment in favor of the Commonwealth, to be enforced
as provided in Article 19 (&#xA7; 8.01-196 et seq.) of Chapter 3 of Title 8.01,
except that a writ of fieri facias may issue at any time after the memorandum is
filed. The lien on real estate shall become effective at the time the memorandum
is filed in the jurisdiction in which the real estate is located.

B. Recordation of a memorandum of lien hereunder shall not affect the right to a
refund or exoneration under this subtitle, nor shall an application for
correction of an erroneous assessment affect the power of the State Corporation
Commission to collect the tax, except as specifically provided in this title.

HISTORY: Code 1950, §§ 58-41 to 58-43; 1971, Ex. Sess., c. 155; 1984, c. 675;
1985, c. 528.