Ga. Comp. R. & Regs. 560-3-2-.21

Current through Rules and Regulations filed through December 24, 2024

Rule 560-3-2-.21 - Transfer Account Funds

Each designated bank shall receive payment on or before the 20th day of the month following the month of purchase on account, from all distributors who have purchased such stamps on account from such designated bank the previous month and shall transfer all such funds collected to the Fiscal Control Bank no later than the 5th day of the month following collection except such funds must be transferred to the Fiscal Control Bank no later than the 20th day of each June of the fiscal year.

Ga. Comp. R. & Regs. R. 560-3-2-.21

Ga. L. 1937-38, Extra Sess., p. 77, as amended; Ga. L. 1970, p. 146.

Original Rule entitled "Transfer Account Funds" was filed on May 21, 1970; effective July 1, 1970, as specified by Rule 560-3-2-.25.