FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R8ZQ0Km97U2Wut7s0UERyPR
Label Levy
Preferred Label N/A
Identifier N/A
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Definition

A Levy is a legal seizure of property to satisfy a debt, usually initiated by a governmental authority such as the Internal Revenue Service (IRS) for unpaid taxes. The process involves officially taking possession of assets like bank accounts, wages, or physical property, and is typically executed after a court order or other legal authorization

Class Relationships

Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available