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licenses or permits secured, or taxes paid as required. The injunction shall be issued without a bond being required from the Commission. SECTION 23: Settlement or compromise of liability controversies. A) The Commission may enter into an agreement to compound, settle, or compromise any controversy relating to the A&P tax when: (1) The controversy is over the amount of tax due; or (2) The inability to pay results from the insolvency of the taxpayer. B) The Commission may waive or remit the interest or penalty, or any portion thereof, ordinarily accruing because of a taxpayer's failure to pay the A&P tax within the statutory period allowed for its payment: (1) If the taxpayer's failure to pay the tax is satisfactorily explained to the Commission; (2) If the failure results from a mistake by the taxpayer of either the law or the facts subjecting him to such tax; or (3) If the inability to pay the interest or penalty results from the insolvency or bankruptcy of the taxpayer. C) In settling or compromising any controversy relating to the liability of a person for the A&P tax for my taxable period, the Commission is authorized to enter into a written closing agreement concerning the liability. When the closing agreement is signed by the Commission, it shall be final and conclusive, and except upon a showing of fraud or misrepresentation of a material fact, no additional assessment or collection shall be made by the Commission, and the taxpayer shall not institute any judicial proceeding to recover such liabilities as agreed to in the closing agreement. D) The Commission shall promulgate rules and regulations establishing guidelines for determining whether a proposed offer of compromise is adequate and acceptable to resolve a tax dispute. SECTION 24: Release of property from lien. A) Upon written application by any person, the Commission may release any property from the lien imposed by any assessment, order,judgment, or certificate of indebtedness obtained by or from any levy made by it if: (1) Either full payment is made to the Commission of the sum it considers adequate consideration for the release; or (2) Adequate security deposit is made with the Commission to secure the payment of the debt evidenced by the lien. (B) When the Commission determines that its assessment certificate of indebtedness or judgment is clouding the title of property because of error in the description of properties or