Home > Journals > Michigan Law Review > MLR > Volume 29 > Issue 2 (1930)
Abstract
The recent case of McCormick v. Puritan Coal Mining Co. presents the question whether penalties and interest continue to accrue on delinquent taxes after the date of the appointment of a receiver. The court determined the question in the negative, supporting its decision by authorities which hold that interest does not ordinarily accrue on the debts of an insolvent after the date of the appointment of a receiver. The decision is directly contrary to the established rule that tax penalties and interest continue to accrue, notwithstanding the property has passed into the hands of a receiver.
Recommended Citation
RECEIVERS-PENALTIES ON TAXES,
29
Mich. L. Rev.
237
(1930).
Available at:
https://repository.law.umich.edu/mlr/vol29/iss2/9