The person against whom a jeopardy determination is made may petition for the redetermination thereof pursuant to sections 3.08.385 to 3.08.415, inclusive, of this chapter. He shall, however, file the petition for redetermination with the tax commission within ten (10) days after the service upon him of notice of determination. The person shall also within the ten (10) day period deposit with the tax commission such security as it may deem necessary to ensure compliance with this chapter. The security may be sold by the tax commission in the manner prescribed in section 3.08.420 of this chapter. (MC Ord. 39A §93, 1971)