Maritime Lien Reform Act 2011
- Thread starter captaindd
- Start date
Odd the Feds would do this after the IRS has been fighting w/ the State Limited Entry Commission since the inception of limited entry. The IRS wanted to seize permits and the state fought them in court and claimed they couldn't seize a persons permit because it actually belonged to the state. The IRS finally one in around '92 and they started seizing and selling permits for back taxes. The coutrt also ruled limited entry could be used as collateral for loans at this date.
