Any employee, agent, or representative of the Director to whom a warrant has been issued, pursuant to section 2.7.1201 of this article may serve a notice of lien on the forms as the Director may prescribe upon the person in possession of any personal property or rights to property belonging to the taxpayer, and if not previously recorded, the lien shall be effective as to the property or interest from the date of the service. The Director may release the lien as to all or any part of the property or any interest therein subject to the lien upon the terms as the Director may deem proper. (1968 Code §3-101; Ord. 76-168; Ord. 01-42)