This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 405-A:9 · Purchasing Group Taxation

405-A:9 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:

Copy link
I.

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

Copy link
II.

Paid first by such insurance source, and if not by such source by the agent or broker for the purchasing group, and if not by such agent or broker, then by the purchasing group, and if not by such purchasing group, then by each of its members. Source. 1988, 133:2, eff. April 20, 1988.

Copy link

Source note

Source. 1988, 133:2, eff. April 20, 1988.

Source history

  • 1988, 133:2, eff. April 20, 1988

Related materials

Bill relationships

  • 2026 SB614 reference · effective 2027-07-01

    ually self-insures for property and liability risks; II. Participates in a risk pooling arrangement, including a risk retention group or a risk purchasing group, regulated under RSA 405-A, or is a captive insurer authorized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B.

  • 2026 SB614-FN reference · effective 2027-07-01

    ually self-insures for property and liability risks; II. Participates in a risk pooling arrangement, including a risk retention group or a risk purchasing group, regulated under RSA 405-A, or is a captive insurer authorized in its state of domicile; or III. Comprises only units of local government or is a group that comprises local governments joined by an interlocal agreement authorized by RSA 5-B.