KRS 136.370: Tax on attorneys for exchange of reciprocal or interinsurance contracts --

Additional tax on premiums of stock insurers.

Each attorney, for the exchange of reciprocal or interinsurance contracts, under KRS

Chapter 304, shall pay to the Department of Revenue on or before March 1 of each year a

tax of two percent (2%) of the gross premiums or deposits collected from subscribers in

this state during the preceding calendar year, less all amounts returned to subscribers or

accredited to their account as sav ings. In addition, the attorney shall pay an annual

premium tax of three -fourths of one percent (0.75%) of all amounts as prescribed for

every stock insurer by and for the purposes specified in KRS 136.360.