§ 3-5-4 SECURITY REQUIRED.
   In the event that any person fails to timely file a return, as required by this chapter, or fails to timely pay his or her tax liability as required by this chapter, the Village Administrator, Clerk, or highest elected official, as appropriate, may require such person to place security, not to exceed $5,000, with the village.
(Prior Code, § 3-5-4)