2010 Tennessee Code
Title 67 - Taxes And Licenses
Chapter 5 - Property Taxes
Part 11 - Classification and AssessmentStock
67-5-1111 - Collection from nonresidents by attachment.
67-5-1111. Collection from nonresidents by attachment.
When the owner of stock in any corporation included in the provisions of this part, organized under the laws of this state or the United States, does not reside in the same county where the bank or corporation or association is located, or is a nonresident of this state, the revenue collector for the state, county or municipality shall, respectively, have the power to collect the tax assessed by this part by instituting attachment proceedings, and such tax shall be and remain a prior lien on the stock until the payment of the same.
[Acts 1907, ch. 602, § 24; Shan., § 792a1; Code 1932, § 1401; Acts 1977, ch. 140, § 6; T.C.A. (orig. ed.), § 67-726.]
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