{"data":{"id":"us-ky/krs-136.390","jurisdiction":"us-ky","citation":"KRS 136.390","heading":"Tax on insurance companies other than stock or mutual.","body":"(1) All associations of underwriters authorized under KRS 304.3 -040, 304.3 -140,\n304.28-010, 304.28 -030, 304.28 -040, and 304.28 -050, and their representatives,\nshall make the same reports as are required of foreign stock insurance companies\nand their representatives transacting the same or similar kinds of insurance business\nin this state, and shall pay the same taxes as are required to be paid by such\ncompanies.\n(2) All foreign mutual assessment companies, associations, individual firms,\nunderwriters or Lloyd's, having resident members doing business in this state, who\nshall enter into contracts of insurance with each other or into agreements to\nindemnify each other against losses by fire, lightning, windstorm or other casualties\nfor which there is no premium ch arged or collected at the time insurance is made,\nshall be deemed to be doing an insurance business in this state, and shall annually,\nby July 30, pay to the Department of Revenue a license tax of two dollars ($2) upon\neach one hundred dollars ($100) of as sessments paid or collected in any one (1)\nyear. Each resident member shall be liable to the state for the license tax and all\ninterest and penalties.\n(3) No person shall fail or refuse to make a report giving all the data and information\nnecessary to dete rmine the amount of revenue due under subsection (2) of this\nsection, or fail to make the report provided for in subsection (2) of this section, or\nfail to pay the tax due thereon.","path":["KRS Chapter 136"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=28560","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:27Z","sha256":"d5a8524a359c550435ad0ce5bac25f9f91526160c0c4374ae690a605271ccf0e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-136.381","next":"us-ky/krs-136.392"},"notice":"GroundRules: Original legal text. Not legal advice."}