Compliance with terms of Streamlined Sales and Use Tax Agreement; relief from certain obligations.

(a) A seller who registers to pay or to collect and remit applicable sales or use tax on sales made to purchasers in this state in accordance with the terms of the Streamlined Sales and Use Tax Agreement is relieved from the obligation to remit uncollected sales tax provided the seller was not so registered in this state in the twelve-month period preceding the effective date of this state’s participation in the Streamlined Sales and Use Tax Agreement.