N.J. Admin. Code § 18:7-13.13

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:7-13.13 - Certificate as to lien for unpaid corporation franchise taxes

(a) Upon the receipt of a written application accompanied by the fee provided for in subsection (b) of this section, the Director shall issue to the applicant a certificate certifying with respect to the corporation or corporations listed in the application one of the following:

1. That there are no liens in favor of the State for corporation franchise taxes due pursuant to the provisions of the Act; or

2. That there are liens as stated in the certificate; or

3. That there exists some other status which the Director's records disclose.

(b) The fee for a tax lien status certificate shall be $25.00 for each corporation listed in the application for which a certificate is requested.

(c) The form of the application prescribed by the Director requires that it shall contain a concise and reasonably definite description of the property and of the type of transaction in connection with which the application is made, as well as certain other specified pertinent information.

(d) Any person who shall acquire for a valuable consideration an interest in lands covered by such a certificate in reliance thereon shall hold his or her interest free from any lien held by the State for unpaid corporation franchise taxes due pursuant to the provision of the Act and not shown on the certificate.

N.J. Admin. Code § 18:7-13.13

Amended by 49 N.J.R. 1694(a), effective 6/19/2017