Ga. Comp. R. & Regs. 560-3-2-.07
Current through Rules and Regulations filed through December 24, 2024
Licensed tobacco distributors who are authorized to purchase tobacco tax stamps from the State Revenue Department on account must first post a bond with the commissioner in the amount of 110% of his purchases of such stamps on account. Such bond shall be secured by cash which shall bear no interest or by negotiable securities approved by the State Treasury or a surety bond executed by a surety company licensed to do business in this State and approved by the Commissioner.
Ga. Comp. R. & Regs. R. 560-3-2-.07
Ga. L. 1937 - 1938, Extra Sess., p. 77, Ga. L. 1970, p. 146.