Vendors may be required to give bond.

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Effective - 28 Aug 1986

144.625. Vendors may be required to give bond. — To secure the payment of the tax, interest and penalties, which may become due from a vendor as provided in sections 144.600 to 144.745, the director of revenue may, where necessary to secure the payment of the tax, interest, and penalties require all vendors to file a bond or a letter of credit in an amount to be determined by the director, under the same requirements as provided in section 144.087.

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(L. 1959 H.B. 35 § 8, A.L. 1986 S.B. 669, et al.)


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