Insurers shall remit taxes by electronic funds transfer according to the following schedule:
I. When the insurer had a tax liability in the prior tax year of $40,000 or more, effective January 1, 2006.
II. When the insurer had a tax liability in the prior tax year of $30,000 or more, effective January 1, 2007.
III. When the insurer had a tax liability in the prior tax year of $20,000 or more, effective January 1, 2008.
Source. 2003, 144:1. 2005, 248:2. 2008, 154:1, eff. June 6, 2008.