SECTION 624.508. Insurer’s license tax; when payable.

Latest version.

1(1) 2The insurer’s license tax provided for in s. 10624.501(3) 11shall be paid, by an insurer newly applying for a certificate of authority to transact insurance in this state, prior to and contingent upon the issuance of its original certificate of authority. If the certificate of authority is not issued, the license tax payment shall be refunded to the insurer. The license tax so paid by a newly authorized insurer shall cover the period expiring on the June 1 next following the date of its original certificate of authority.
90(2) 91Each authorized insurer shall pay the license tax annually on or before June 1.

History.-s. 80, ch. 59-205; s. 3, ch. 63-149; s. 3, ch. 76-168; s. 1, ch. 77-237; s. 1, ch. 77-457; s. 68, ch. 82-243.

Bills Cite this Section:

None

Implemented Rule (1):

69B-211.002. General Procedures

Cited by Court Cases:

None

                    
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