624.508 Insurer’s license tax; when payable.—
(1) The insurer’s license tax provided for in s. 624.501(3) shall 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.
(2) Each 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.
Section: Previous 624.501 624.5015 624.502 624.504 624.505 624.506 624.507 624.508 624.509 624.5091 624.5092 624.50921 624.5094 624.510 624.5105 NextLast modified: September 23, 2016