US Laws, Codes, Statutes & Cases

 
    § 11-610 Limitations of time. The provisions of the civil practice law
  and  rules  relative  to the limitation of time enforcing a civil remedy
  shall not apply to any proceeding or action  taken  to  levy,  appraise,
  assess,  determine  or  enforce  the  collection  of  any tax or penalty
  prescribed by this subchapter, provided, however, that as to real estate
  in the hands of persons who are owners thereof who would  be  purchasers
  in  good  faith  but  for such tax or penalty and as to the lien on real
  estate of mortgages held by persons who would be holders thereof in good
  faith but for such tax or penalty, all such taxes  and  penalties  shall
  cease  to  be  a  lien on such real estate as against such purchasers or
  holders after the expiration of ten  years  from  the  date  such  taxes
  became  due  and  payable. The limitations herein provided for shall not
  apply to any transfer from a corporation to a person or corporation with
  intent to avoid payment of any taxes, or  where  with  like  intent  the
  transfer  is  made  to  a grantee corporation, or any subsequent grantee
  corporation, controlled by such grantor or which has  any  community  of
  interest with it, either through stock ownership or otherwise.