72-16-460. Security. If the time for payment of any amount of tax has been extended under 72-16-459, the department may require the taxpayer to furnish a bond in an amount not exceeding double the amount with respect to which the extension is granted conditioned upon the payment of the amount extended in accordance with the terms of the extension.

     History: En. Sec. 25, Ch. 705, L. 1979.