Idaho § 41-4816 - Purchasing group taxation
Full text of Idaho Idaho Statutes § 41-4816 — Purchasing group taxation, with citation guidance and answers to common questions.
§ 41-4816. 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 group shall be:
(1) Imposed at the same rate and subject to the same interest, fines and penalties as that applicable to premium taxes and taxes on premiums paid for similar coverage from a similar insurance source by other insureds; and
(2) 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.
[41-4816, added 1990, ch. 348, sec. 1, p. 937.]
Source: official Idaho text · Last verified 2026-08-27
Frequently Asked Questions About Idaho § 41-4816
What does Idaho Statutes § 41-4816 cover?
Section 41-4816 ("Purchasing group taxation") is part of the Idaho Statutes, the codified statutory law of Idaho. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Idaho § 41-4816?
A common citation format is "Idaho Statutes § 41-4816" (Idaho). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Idaho law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Idaho official source linked on this page or consult a licensed Idaho attorney.
How does Idaho § 41-4816 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Idaho can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Idaho.