United States v. Central Bank of Denver

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that § 6323 modifies, but does not supplant, federal choateness doctrine
• identity of property and amount of lien as a sum certain are not established
• until bank affirmatively acts its right of setoff is inchoate and contingent
• in order for a bank’s right of setoff against a taxpayer’s account to be choate three steps are necessary: (1) the decision to exercise the right; (2) some action that accomplishes the setoff; and (3) some record that evidences the exercise of the right

Source: CourtListener parenthetical corpus (CC0).