Definitions.
In this subsection: 1d.
(1d)#
“Continuous levy” means a levy that is in effect from the date on which it is served on a 3rd party until the liability out of which the levy arose is satisfied or until the levy is released, whichever occurs first.
(1g)#
“Department” means the department of revenue.
(1r)#
“Financial institution” has the meaning given in s. 214.01 (1) (jn).
(2)#
“Levy” means all powers of distraint and seizure.
(2n)#
“Noncontinuous levy” means a levy that is in effect on the date on which it is served on a 3rd party.
(3)#
“Property” includes real and personal property and tangible and intangible property and rights to property but is limited to property and rights to property existing at the time of levy.
(4)#
“Taxes” means the principal of the tax as defined in sub. (5) (k), interest, penalties and costs.