58.1-3940 - Limitation on collection of local taxes.
§ 58.1-3940. Limitation on collection of local taxes.
A. Except as otherwise specifically provided, collection of local taxes shallonly be enforceable for five years following December 31 of the year forwhich such taxes were assessed.
B. Real property taxes shall be enforceable by sale under Article 4 (§58.1-3965 et seq.) of the property on which such taxes were assessed and byother means permitted under this chapter for 20 years after December 31 ofthe year for which such taxes were assessed, provided that whenever taxes orportions of taxes that would otherwise be due have been deferred pursuant toan ordinance enacted in conformity with Article 2 (§ 58.1-3210 et seq.) orArticle 2.1 (§ 58.1-3219 et seq.) of Chapter 32 of this title, the statute oflimitations provided by this subsection shall be tolled with respect to taxesdeferred during the pendency of such deferral.
C. The limitation periods provided in subsections A and B of this sectionshall not apply to taxes or other charges that have been reduced to judgmentor a judgment lien resulting from a suit to collect taxes or other charges,which may be collected by any means provided in this chapter or any meansprovided by general law for the collection of judgments so long as thejudgment or judgment lien remains enforceable pursuant to general law.
D. The statutes of limitations established by this section shall be tolled,with respect to any tax obligation or tax lien not discharged or otherwiserelieved or rendered unenforceable pursuant to applicable law, for any periodduring which all or substantially all of the assets or estate of the taxpayerare subject to the control or custody of any court or receiver, includingwithout limitation any United States Bankruptcy Court.
(Code 1950, §§ 58-967, 58-1019, 58-1021; 1971, Ex. Sess., c. 6; 1984, c. 675;1994, c. 209; 1996, c. 323; 1998, c. 648; 2002, c. 64; 2003, c. 214.)