NAC360A.180. Agreement for payment in installments: Duties of taxpayer before execution by Department.

     1. If the Department offers to enter into an agreement with a taxpayer to pay a tax, fee, interest or penalty in installments pursuant to NRS 360A.080, the taxpayer must, before the Department will execute the agreement, submit to the Department:

     (a) The initial payment set forth in the terms of the agreement; and

     (b) A personal guarantee of payment in full given by:

          (1) The taxpayer, in his or her individual capacity, if the taxpayer is the sole responsible person; or

          (2) For all other taxpayers, two responsible persons in their individual capacities.

     2. As used in this section, “responsible person” includes:

     (a) An officer or employee of a corporation; or

     (b) A member or employee of a partnership or limited-liability company,

Ê whose job or duty it is to collect, account for or pay to the Department a tax imposed by chapter 365, 366 or 373 of NRS or NRS 590.120 or 590.840.

     (Added to NAC by Dep’t of Motor Veh. by R101-05, eff. 10-31-2005)