A. Jeopardy Enforcement: If the Director finds that collection of the tax will be jeopardized by delay, the Director may declare the taxable period immediately terminated, determine the tax and issue notice and demand for payment thereof; and, having done so, the tax shall be due and payable forthwith and the Director may proceed immediately to collect the tax.
B. Immediate Enforcement Action: In any other case wherein it appears that the revenue is in jeopardy, the Director may immediately issue demand for payment; and, regardless of the provisions of this City Tax Code, the tax shall be due and payable forthwith and the Director may proceed immediately to collect the tax.
C. Security For Payment: Collection under either subsection A or B of this section may be stayed if the taxpayer gives security for payment as shall be satisfactory to the Director. (1968 Code §3-103; Ord. 76-168; Ord. 01-42)