(a) The tax imposed by this article, together with any interest and penalty provided for herein, and any costs of collection which may be incurred, shall be, until paid, a first lien upon all of the real and tangible personal property of or used by the taxpayer under lease, title retaining contract, or other contractual arrangement, which lien shall be superior and prior in right to all other liens or claims of whatsoever kind or nature. Said lien may be foreclosed by seizing under distraint warrant and selling such of the real and tangible personal property of the taxpayer as may be necessary to discharge the lien.

(b) Any person who takes or acquires any real or tangible personal property of or used by any employer under lease, title-retaining contract, or other contractual arrangement, by purchase, foreclosure sale, or otherwise, shall take the same subject to the lien created by subsection (a) of this section, and shall be liable for the payment of all delinquent taxes of said employer to the extent of the value of the property so taken or acquired. (Code 1979, § 36-214)