KRS 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.