North Dakota § 57-43.3-20 Corporate officer liability

North Dakota Statutes

§ 57-43.3-20 — Corporate officer liability

North Dakota § 57-43.3-20

Title 57Taxation

Ch. 57-43.3Aviation Fuel Tax

This text of North Dakota § 57-43.3-20 (Corporate officer liability) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 57-43.3-20 (2026).

Text

1.If a corporation holding a license issued under this chapter fails for any reason to file the required returns or to pay the tax due, any of its officers having control or supervision of, or charged with the responsibility for making, such returns and payments is personally liable for the failure. The dissolution of a corporation does not discharge an officer's liability for a prior failure of the corporation to make a return or remit the tax due. The sum due for such a liability may be assessed and collected under the provisions of this chapter for the assessment and collection of other liabilities.

2.If the corporate officers elect not to be personally liable for the failure to file the required returns or to pay the tax due, the corporation must make a cash deposit or post and maint

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1. If a corporation holding a license issued under this chapter fails for any reason to file
the required returns or to pay the tax due, any of its officers having control or
supervision of, or charged with the responsibility for making, such returns and
payments is personally liable for the failure. The dissolution of a corporation does not
discharge an officer's liability for a prior failure of the corporation to make a return or
remit the tax due. The sum due for such a liability may be assessed and collected
under the provisions of this chapter for the assessment and collection of other
liabilities.
2. If the corporate officers elect not to be personally liable for the failure to file the
required returns or to pay the tax due, the corporation must make a cash deposit or
post and maintain with the commissioner a bond or undertaking executed by a surety
company authorized to do business in this state. The cash deposit, bond, or
undertaking must be in an amount equal to the estimated annual aviation fuel tax
liability of the corporation.