The provisions with respect to remedies and penalties applicable to the State Franchise Tax Act as contained in G.S. Article 9, Subchapter 1, Chapter 105, shall be applicable in like manner to the tax authorized to be levied and collected under this chapter, to the extent that the same are not inconsistent with the provisions hereof. The governing body of the town may exercise any power the Secretary of Revenue may exercise in collecting the State Franchise Tax.
(Ord. passed 6-3-2002)