Agreement to substantially follow form of model Surplus Lines Insurance Multi-State Compliance Compact

O.C.G.A. § 33-5-42, under INTERSTATE COOPERATION FOR COLLECTION AND DISBURSEMENT OF PREMIUM TAXES.

O.C.G.A. § 33-5-42

The cooperative agreement, compact, or reciprocal agreement for the purpose of the collection of insurance premiums imposed by Code Section 33-5-31 shall substantially follow the form of the model Surplus Lines Insurance Multi-State Compliance Compact, also known as SLIMPACT-lite, created by the National Conference of Insurance Legislators or the model Nonadmitted Insurance Multi-State Agreement, also known as NIMA, created by the National Association of Insurance Commissioners, as such documents exist on July 1, 2011. History. — Code 1981, § 33-5-42, enacted by Ga. L. 2011, p. 449, § 8/HB 413.