A.__The municipality does not have the rights provided to a secured party in Title 11, sections 9-1620, 9-1621 and 9- 1622;

B.__The municipality has no obligations to lien creditors or to secured parties except to the extent that it has received notice from such secured parties as set forth in subsection 4 or they have effective financing statements on file as provided in subsection 4;

C.__The municipality has no obligations under Title 11, section 9-1616; and

D.__The municipality is not subject to Title 11, section 9- 1625, subsection (3), paragraph (b) and section 9-1625, subsections (5) to (7).

Sec. 5. 36 MRSA §612, sub-§7, śC, as amended by PL 1999, c. 699, Pt. D, §28 and affected by §30, is further amended to read:

C. A final judgment is rendered in favor of the taxpayer or others claiming an interest in the liened personal property which determines either that the tax is not owed or that the lien is not valid. If the judgment determines that the tax is partially owed, then the officer who filed the notice of lien or that officer's successor shall, within 10 days of the rendition of the final judgment, file an amended tax amendment to the notice of lien for reducing the amount claimed to the actual amount of tax found to be due, which amended lien is effective as to the revised amount of the lien as of the date of the filing of the original notice of tax lien, and the officer, or that officer's successor at the time of the filing of the amended tax lien, shall also file a discharge of the original tax lien.

Sec. 6. 36 MRSA §612, sub-§9, as amended by PL 1999, c. 699, Pt. D, §28 and affected by §30, is repealed and the following enacted in its place:

9.__Liens subordinate to security interests. The lien authorized by subsection 1 is subordinated to security interests that were perfected before September 23, 1983 and that have