If the manager of finance finds that collection of the tax will be jeopardized by
delay, in the manager's discretion, the manager 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 manager may proceed
immediately to collect such tax by distraint, levy and sale. Collection may be stayed
if the taxpayer gives such security for payment as shall be satisfactory to the manager.
The taxpayer or other person entitled to notice by law may request a hearing in writing
before the manager regarding the jeopardy determination and the amount of the assessment.
A request for hearing must be made within seven (7) days after the notice and demand
for payment or distraint warrant is issued. The hearing shall be held within fifteen
(15) days of the request. The hearing shall be informal and need not comply with the
requirements of section 53-361 nor with the applicable rules and regulations promulgated by the manager relating
to hearings. The burden of proof shall be on the taxpayer, and such proof shall be
by a preponderance of evidence. The manager shall enter his decision within thirty
(30) days after the hearing and shall furnish a copy to the taxpayer. If the taxpayer
is aggrieved by the decision of the manager, the taxpayer may seek review pursuant
to section 53-366. A request for hearing under this section shall not stay collection proceedings unless
such request is accompanied by a bond or other security as shall be satisfactory to
the manager.
