Current with changes from the 2024 Legislative Session
Section 1-205 - Prohibition on local certificates, fees, and taxes(a) A county or municipal corporation of the State may not: (1) require an insurer, insurance producer, adjuster, public adjuster, or advisor to obtain a local certificate of authority or certificate of qualification to transact insurance business in that county or municipal corporation; or(2) impose a local occupational tax or fee for transacting insurance business.(b) This section does not preempt or prevent the taxation and regulation of persons engaged in the bail bond business other than corporate sureties and their insurance producers that are required to be licensed under this article.