§ 26-57-602 - Local taxes.

26-57-602. Local taxes.

The taxes levied by 26-57-603 -- 26-57-605 upon any insurer shall be in lieu of all other state, county, city, town, or municipal taxes on premium receipts. No county, city, town, or municipality shall impose any privilege tax or license fee upon any such insurer or its agents for the privilege of transacting the business of insurance.