Article 33 - Executive Bond and Precautionary Seizure

The Tax Return and the final decision on the assessment of the Tax Due or the imposition of the administrative fine shall be considered an enforceable executive bond subject to forced execution in accordance with the provisions of the Execution Law in Civil and Commercial Matters.

If the Bureau suspects that the Filing Constituent Entity may transfer or dispose of its assets in a manner that hinder the collection of taxes due or administrative fines, it may seek an expedited order from the judge for expedited matters to impose a precautionary seizure on the assets of the Constituent Entity, Joint Venture, or Joint Venture Subsidiaries, even if those assets are in the possession of third parties. The court may issue its order without summoning the other party.

In applying the provisions of Paragraph B of this Article, the provisions of Part Four of the Civil and Commercial Procedures Law shall apply.