Idaho Code · Title 41 · Insurance
Idaho Code § 41-4816

Purchasing Group Taxation

Ch. 48 — RISK RETENTION GROUPS
Idaho Code ● ACTIVE State Law Title 41
Statutory Text

Idaho Code § 41-4816 — Purchasing Group Taxation.

TITLE 41 INSURANCE CHAPTER 48 RISK RETENTION GROUPS 41-4816. Purchasing group taxation. Premium taxes and taxes on premiums paid for coverage of risks resident or located in this state by a purchasing group or any members of the purchasing group shall be: (1)  Imposed at the same rate and subject to the same interest, fines and penalties as that applicable to premium taxes and taxes on premiums paid for similar coverage from a similar insurance source by other insureds; and (2)  Paid first by such insurance source, and if not by such source by the agent or broker for the purchasing group, and if not by such agent or broker then by the purchasing group, and if not by such purchasing group then by each of its members.

History:[41-4816, added 1990, ch. 348, sec. 1, p. 937.]
Source: legislature.idaho.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-IC41-SEC-32793B
Entity Class
STATUTE / IDAHO-STATE-CODE-SECTION
Domain Signature
boisestandard.org
Jurisdiction
Idaho — United States
Citation
Idaho Code § 41-4816
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
b73b3113b2b32712...
Semantic Edges
Pending — corpus passes queued
The statutory text of Idaho Code § 41-4816 is reproduced from the official Idaho Legislature website (legislature.idaho.gov), published by the Idaho Legislative Services Office. Idaho Code is public domain.
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boisestandard.org United States Idaho Idaho Code Title 41 Idaho Code § 41-4816