Section 40-10-181 "Tax lien" defined.
Section 40-10-181
"Tax lien" defined.
For purposes of Act 95-408, "tax lien" means the perpetual first priority lien provided by Section 40-1-3 against any parcel of real property representing taxes assessed and levied against the property, together with interest, penalties, and costs applicable by law to the taxes.
(Acts 1995, No. 95-408, p. 864, §3.)