There is a newer version of the Georgia Code
2010 Georgia Code
TITLE 33 - INSURANCE
CHAPTER 38 - GEORGIA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
§ 33-38-22 - Premium tax liability offsets; refunds offset against taxes
O.C.G.A. 33-38-22 (2010)33-38-22. Premium tax liability offsets; refunds offset against taxes
(a) A member insurer may offset against its premium tax liability to this state an assessment described in Code Section 33-38-15 to the extent of 20 percent of the amount of such assessment for each of the five calendar years following the year in which such assessment was paid. In the event a member insurer should cease doing business, all uncredited assessments may be credited against its premium tax liability for the year it ceases doing business.
(b) Any sums which are acquired by refund, pursuant to subsection (f) of Code Section 33-38-15, from the association by member insurers and which have theretofore been offset against premium taxes as provided in subsection (a) of this Code section shall be paid by such insurers to this state in such manner as the Commissioner may require. The association shall notify the Commissioner that such refunds have been made.
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
