South Carolina § 12-58-120 - Release of levy issued or on any property.
Full text of South Carolina South Carolina Code of Laws § 12-58-120 — Release of levy issued or on any property., with citation guidance and answers to common questions.
§ 12-58-120. Release of levy issued or on any property.
The department shall release any levy issued or on any property in the event of any of the following:
(1) the liability for which the levy was made is satisfied;
(2) the department determines that release facilitates the collection of the liability;
(3) an installment payment agreement has been executed with respect to the liability;
(4) the department has determined that the levy creates an economic hardship due to the taxpayer's financial condition;
(5) if the department determines the fair market value of the property exceeds the liability and partial release does not hinder collection of the tax and related costs owed to the department.
HISTORY: 1995 Act No. 76, SECTION 6.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-58-120
What does South Carolina Code of Laws § 12-58-120 cover?
Section 12-58-120 ("Release of levy issued or on any property.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-58-120?
A common citation format is "South Carolina Code of Laws § 12-58-120" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-58-120 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.