South Dakota Statutes

§ 58-18-92 — Payment of premium taxes.

South Dakota·Title 58 INSURANCE·Ch. 58-17J GROUP AND BLANKET HEALTH INSURANCE POLICIES
If not otherwise provided, a multiple employer trust doing business in this state on a self-funded basis shall pay premium taxes as required in chapter 10-44 based upon the amount each participating employer contributes, including any amounts contributed by employees and dependents, to the plan on an annual basis. If a multiple employer trust purchases excess or stop loss coverage, the multiple employer trust may not be taxed additionally for that coverage.

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South Dakota § 58-18-92 (Payment of premium taxes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2005, ch 272, § 6.

Nearby Sections

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