Fraudulent property transfers void against tax claims; bona fide dealings, adequate consideration or prior permission excepted. Transfers or charges on a person's property made after any tax or other sum has become due are void against claims for that tax if effected with the intention of defrauding Government revenue, but are not void where executed for adequate consideration, in good faith and without notice of proceedings or the tax due, or with prior permission of the proper officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fraudulent property transfers void against tax claims; bona fide dealings, adequate consideration or prior permission excepted.
Transfers or charges on a person's property made after any tax or other sum has become due are void against claims for that tax if effected with the intention of defrauding Government revenue, but are not void where executed for adequate consideration, in good faith and without notice of proceedings or the tax due, or with prior permission of the proper officer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.