Levy release or tax warrant surrender; grounds

# (1)

the expense of the sale process exceeds the liability for which the levy is made;

# (2)

the proceeds of the sale would not reduce the tax liability by the lesser of:

(A) ten percent (10%) of the liability; or

(B) one thousand dollars ($1,000); or

# (3)

the advocate, appointed under IC 6-8.1-11-3, orders:

# (A)

the release of the levy; or

# (B)

the return of the tax warrant by the sheriff;
upon submitting a written finding to the commissioner that the levy threatens the health or welfare of the taxpayer or the taxpayer's spouse, family, or dependents.
As added by P.L.332-1989(ss), SEC.31.