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2018 Code of Alabama
Title 40 - REVENUE AND TAXATION.
Chapter 14B - CERTIFIED CAPITAL COMPANY; PREMIUM TAX CREDIT.
Section 40-14B-20 - Transfer or assignment of premium tax credits.
Universal Citation: AL Code § 40-14B-20 (2018)
Section 40-14B-20Transfer or assignment of premium tax credits.
(a) The Alabama Development Office shall adopt rules to facilitate the transfer or assignment of premium tax credits by certified investors. A certified investor may transfer or assign premium tax credits only in compliance with the rules adopted under this subsection.
(b) The transfer or assignment of a premium tax credit does not affect the schedule for taking the premium tax credit under this chapter.
(Act 2002-429, p. 1108, §20.)
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