15-1-421. Payment of taxes by negotiable instrument. The department of revenue is not bound by a special, qualified, conditional, or restrictive endorsement placed on a negotiable instrument by the maker or drawer, tendered to the department for the payment of a tax liability, unless:
     (1) the taxpayer and the department have previously entered into a written agreement that specifies the amount of the taxpayer's liability; and
     (2) the amount tendered is in accordance with the written agreement.

     History: En. Sec. 1, Ch. 17, L. 1989.