§1759. Bonds
124 words·~1 min read·
/me/title-36-taxation/chapter-211-general-provisions/1759·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Either as a condition for issuance or subsequent to the issuance of a registration certificate under section 1754‑B or 1756 , the State Tax Assessor may require from a taxpayer a bond written by a surety company qualified to do business in this State, in an amount and upon conditions to be determined by the assessor. In lieu of a bond the assessor may accept a deposit of money or securities in an amount and of a kind acceptable to the assessor. The deposit must be delivered to the Treasurer of State, who shall safely keep it subject to the instructions of the assessor. [PL 2019, c. 401, Pt. B, §14 (AMD); PL 2019, c. 441, §5 (AMD); PL 2019, c. 441, §9 (AFF).]