(1) All administrative and penalty provisions of Part 2, Motor Fuel, apply to the administration of Part 4, Aviation Fuel.
(2) Notwithstanding Subsection (1), a distributor is not required to furnish a bond if the distributor:
(a) meets the definition of distributor under Subsection 59-13-102(7)(d); and
(b) has an average tax liability of $500 or less per month.