31A-3-102 - Exclusive fees and taxes.
31A-3-102. Exclusive fees and taxes.
(1) The taxes and fees under this chapter, the premium taxes under Sections 59-9-101through 59-9-104, the fees under Section 31A-31-108, and the examination costs under Section31A-2-205 are in place of all other license fees or assessments that might otherwise be levied bythe state or any other taxing body within the state.
(2) An insurer that pays premium taxes under Sections 59-9-101 through 59-9-104 is notsubject to corporate franchise taxes.
(3) Unless otherwise exempt, a licensee under this title is subject to real and personalproperty taxes.
Amended by Chapter 243, 1994 General Session