1998 Minnesota Statutes

     60E.095 Purchasing group taxation. 

    Premium taxes and taxes on premiums paid for coverage of 
 risks resident or located in this state by a purchasing group or 
 any members of the purchasing groups shall be: 

    (1) imposed at the same rate and subject to the same 
 interest, fines, and penalties as that applicable to premium 
 taxes and taxes on premiums paid for similar coverage from a 
 similar insurance source by other insureds; and 

    (2) paid first by the insurance source, and if not by the 
 source by the agent or broker for the purchasing group, and if 
 not by the agent or broker then by the purchasing group, and if 
 not by the purchasing group then by each of its members. 

    HIST: 1993 c 299 s 27