§ 150-115. Assessment of tax, interest and penalty.

At the expiration of 15 calendar days from the date of the director of the department of finance's notice provided in section 150-112 or at the expiration of such time as may be necessary for the director to consider any protest filed to such notice, the director shall proceed to assess the tax, penalty and interest that he has determined to be due. The assessment shall be evidenced by a writing in any form suitable to the director of the department of finance, which sets forth the name of the taxpayer, the amount determined to be due, the kind of tax and the taxable period for which it is due. This writing shall be retained as a part of the director's official records. The assessment may confirm or modify the director's originally proposed assessment.

(Code 1956, § 62-28)