Colorado Revised Statutes Title 39 — Taxation
C.R.S. § 39-21-111
Jeopardy assessment and demands
# (1)
If the executive director of the department of revenue finds that collection of the tax will be jeopardized by delay, in his discretion, he 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 executive director may proceed immediately to collect such tax as provided in section 39-21-114.
# (2)
In any other case wherein it appears that the revenue is in jeopardy, the executive director of the department of revenue may immediately issue demand for payment; and, regardless of the provisions of sections 39-21-103 and 39-21-105, the tax shall be due and payable forthwith and, in his discretion, the executive director may proceed immediately to collect said tax as provided in section 39-21-114.
# (3)
Collection under either subsection (1) or (2) of this section may be stayed if the taxpayer gives such security for payment as shall be satisfactory to the executive director. Source: L. 65: p. 1140, § 2. C.R.S. 1963: § 138-9-10.
Amendment history
L. 65: p. 1140, § 2. C.R.S. 1963: § 138-9-10.
Source: view the official text
In this article (38 sections)
- 39-21-101 · Definitions
- 39-21-102 · Scope
- 39-21-103 · Hearings
- 39-21-104 · Rejection of claims
- 39-21-104.5 · Frivolous submissions
- 39-21-105 · Appeals
- 39-21-105.5 · Notice - first-class mail - definition
- 39-21-106 · Compromise
- 39-21-107 · Limitations
- 39-21-108 · Refunds
- 39-21-109 · Interest on underpayment, nonpayment, or extensions of time…
- 39-21-110 · Interest on overpayments - repeal
- 39-21-110.5 · Rate of interest to be fixed
- 39-21-111 · Jeopardy assessment and demands
- 39-21-112 · Duties and powers of executive director - reporting of…
- 39-21-113 · Reports and returns - rule - repeal
- 39-21-114 · Methods of enforcing collection
- 39-21-114.5 · Surrender of property subject to levy - definition
- 39-21-115 · Reciprocity with other states for collection of taxes…
- 39-21-116 · Closing agreements
- 39-21-116.5 · Penalties - repeal
- 39-21-117 · Saving clause
- 39-21-118 · Criminal penalties - repeal
- 39-21-119 · Filing with executive director - when deemed to have been…
- 39-21-119.5 · Mandatory electronic filing of returns - mandatory…
- 39-21-120 · Signature and filing alternatives for tax returns
- 39-21-121 · Unclaimed property offset - definition
- 39-21-301 · Legislative declaration
- 39-21-302 · Definitions
- 39-21-303 · Tax profile and expenditure report
- 39-21-304 · Tax expenditure - tax preference performance statement -…
- 39-21-305 · Tax expenditure - state auditor evaluation
- 39-21-306 · State auditor report - federal tax law and changes that…
- 39-21-401 · Legislative declaration
- 39-21-402 · Definitions
- 39-21-403 · Legislative oversight committee concerning tax policy -…
- 39-21-404 · Task force concerning tax policy - creation - membership -…
- 39-21-405 · Repeal of part