56-41-110 - Payment of fees and taxes by association.
56-41-110. Payment of fees and taxes by association.
(a) The association shall be exempt from payment of all fees and all taxes levied by this state or any of its subdivisions, except taxes levied on real or personal property and as excepted in subsection (b).
(b) Premium taxes shall apply to premiums received for insurance placed through the association.
[Acts 1987, ch. 439, § 9.]