Period covered by payments

The taxes imposed under this part shall be for the privilege of transacting business for each calendar quarter of each year but shall be measured by the gross premiums and consideration received by the respective companies during the quarter immediately preceding. Amended by 2015 Tenn. Acts, ch. 155,s 11, eff. 4/17/2015. Acts 1945, ch. 3, § 8; C. Supp. 1950, § 1248.48 (Williams, § 1248.176); modified; T.C.A. (orig. ed), § 56-416. The taxes imposed under this part shall be for the privilege of transacting business for each calendar quarter of each year but shall be measured by the gross premiums and consideration received by the respective companies during the quarter immediately preceding. Amended by 2015 Tenn. Acts, ch. 155,s 11, eff. 4/17/2015. Acts 1945, ch. 3, § 8; C. Supp. 1950, § 1248.48 (Williams, § 1248.176); modified; T.C.A. (orig. ed), § 56-416.