§335.7.  Cooperating sovereigns

The agreement authorized by this Chapter is an accord among individual cooperating sovereigns in furtherance of their governmental functions.  The agreement provides a mechanism among the member states to establish and maintain a cooperative, simplified system for the application and administration of sales and use taxes under the duly adopted law of each member state.

Acts 2001, No. 72, §1, eff. May 24, 2001.