Ky. Rev. Stat. § 304.4-030

Current through 2024 Ky. Acts ch. 225

Section 304.4-030 - Tax as to unauthorized reinsurance

Each domestic mutual insurer shall file with the Department of Revenue each year by March 1, a report showing the premiums paid by it during the preceding calendar year to all reinsurers, and shall accompany such report with payment of a tax of two percent (2%) of the amount of premiums so paid to insurers not authorized to transact business in this state at the time such reinsurance was so ceded.

KRS 304.4-030

Effective:6/20/2005
Amended 2005, Ky. Acts ch. 85, sec. 677, effective6/20/2005. -- Created 1970 Ky. Acts ch. 301, subtit. 4, sec. 3, effective 6/18/1970.