Maine Statutes

§ 36 §2513-A — Tax on premiums of risk retention groups

Maine § 36 §2513-A
JurisdictionMaine
Title 36TAXATION
Part 4BUSINESS TAXES
Ch. 357INSURANCE COMPANIES

This text of Maine § 36 §2513-A (Tax on premiums of risk retention groups) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 36, § 36 §2513-A (2026).

Text

Each risk retention group, as defined in Title 24‑A, section 6093, is liable for payment of premium taxes with respect to direct business for risks resident or located in this State at the same rate and subject to the same interest and penalties as authorized insurers. Each risk retention group shall, on or before March 15th, file with the State Tax Assessor and the Superintendent of Insurance, on forms prescribed by the assessor, a return covering the year ending on the preceding December 31st. At the time of filing the return, each risk retention group shall pay to the assessor the applicable percentage of the difference between the gross and return premiums reported for business transacted during that year.

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Legislative History

PL 1987, c. 481, §4 (NEW). PL 2007, c. 627, §53 (AMD).

Nearby Sections

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Bluebook (online)
Maine § 36 §2513-A, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/36%20%C2%A72513-A.