SUBJECT: ANNUAL AND QUARTERLY PREMIUM TAX PAYMENTS
DATE: JANUARY 4, 1999
The Director, for good cause shown, may extend for not more than ten days the time for making a prepayment. The extension may be granted at any time if a request for such extension is filed with the Director within or prior to the period for which the extension may be granted.
Annual and quarterly taxes, including approved extensions of such, required to be filed on or before a specified date or period by the Department of Insurance, is after such date or period assessed an interest penalty at the rate prescribed by Section 45-104.02 based on date of receipt by the Department of Insurance.
When the last day prescribed, including an extension of time, falls on a Saturday, Sunday, or a day considered a holiday by the Department of Insurance, the performance of such act shall be considered timely if it is received by the Department of Insurance on the next succeeding day which is not a Saturday, Sunday or a day considered a holiday by the Department of Insurance.
TIMOTHY J. HALL
Director of Insurance