New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 5 - CIGARETTE TAX ACT RULES
Subchapter 9 - TAX A LIEN
Section 18:5-9.1 - Tax a debt and lien
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The taxes, fees, interest, and penalties imposed by the Act, from the time the same are due, constitute a personal debt of the taxpayer to the State of New Jersey, recoverable in any court of competent jurisdiction in an action in debt in the name of the State.
(b) Any debt under (a) above, whether sued upon or not, constitutes a lien on all the property of the taxpayer.
(c) The lien has preference in any distribution of the assets of the taxpayer, whether in bankruptcy, insolvency, or otherwise.
(d) Such lien is not affected by any extension of time which may be granted for filing any tax report or tax return, and continues and remains on all of the taxpayer's property until all the taxes, interest, penalties, or costs heretofore or hereafter imposed or incurred, whether levied or assessed or not, are paid, or a release is obtained from the Director.