US Laws, Codes, Statutes & Cases

From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC646]

 
                      TITLE 15--COMMERCE AND TRADE
 
                   CHAPTER 14A--AID TO SMALL BUSINESS
 
Sec. 646. Liens

    Any interest held by the Administration in property, as security for 
a loan, shall be subordinate to any lien on such property for taxes due 
on the property to a State, or political subdivision thereof, in any 
case where such lien would, under applicable State law, be superior to 
such interest if such interest were held by any party other than the 
United States.

(Pub. L. 85-536, Sec. 2[17], July 18, 1958, 72 Stat. 396.)


                            Prior Provisions

    Section 217 of act July 30, 1953, ch. 282, title II, 67 Stat. 239, 
was previously classified to this section. See section 640 of this 
title, and Codification note set out under section 631 of this title.