Sec. 3-14.35. Successors or assignees of business: Liability for tax.
   If the purchaser of a business fails to withhold the purchase price as required in Section 3-14.34 of this chapter, he shall be personally liable for the payment of the amount requested to be withheld by him to the extent of the purchase price, valued in money. Within sixty (60) days after receiving a written request from the purchaser for a certificate, or within sixty (60) days from the date the former owner's records were made available for audit, whichever period expires the later, but in any event not later than ninety (90) days after receiving the request, the Director of Finance shall either issue the certificate or mail a notice to the purchaser at his address as it appears in the records of the Director of Finance of the amount that must be paid as a condition of issuing the certificate.
(§ 3, Ord. 215-NS, eff. July 15, 1971)