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Can you summarize GACO 50-27-72?
General Provisions > Refund of license.
Short Summary
This legal document governs the refund of licenses for manufacturers, distributors, and master licensees. It outlines the circumstances under which a refund may be allowed, including written requests made prior to the beginning of the calendar year, prior to the issuance of the license or registration certificate, or claiming mistaken purchase due to incorrect information from the corporation. Refunds may also be allowed if the processing of the license is discontinued or if the issuance of the license is denied. However, no refund will be allowed if the owner has an existing liability for any other fees or taxes due. The document also specifies that before a refund is allowed for a denied master license renewal, the corporation must verify that the applicant has no machines in operation and does not possess any machines except those exempt from fees. The corporation may retain $100.00 to cover administrative costs if a master license is not issued. This legal document is enacted under the Georgia Code and has been in effect since 1992.
Whom does it apply to?
Manufacturers, distributors, and master licensees
What does it govern?
Refund of license
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Georgia