Indiana § 27-7-1-12 - Taxation

§ 27-7-1-12. Taxation

Sec. 12. In lieu of all other taxes, licenses and fees, state or local, such Lloyds shall pay annually, on account of the transaction of such business in this state, the same taxes, licenses and fees as are required to be paid by mutual companies with principal offices similarly located and transacting the same kind of business. In the application of the retaliatory law, the taxes and fees exacted by another state from a Lloyds insurance with principal offices in Indiana shall apply.

Formerly: Acts 1919, c.177, s.12.

IC 27-7-2Chapter 2. Worker's Compensation

27-7-2-1Repealed 27-7-2-1.1Purposes of chapter 27-7-2-1.2Insurers and underwriters subject to chapter 27-7-2-2Definitions 27-7-2-3Worker's compensation rating bureau; membership 27-7-2-3.1Duties of bureau 27-7-2-4Rate filings; notice 27-7-2-4.5Premium or rate discount for municipal corporations or volunteer fire departments 27-7-2-5Management of bureau 27-7-2-6By-laws of bureau 27-7-2-7Resolution of tie votes 27-7-2-8Membership in bureau 27-7-2-9Charges and expenses of bureau; apportionment; review 27-7-2-10Repealed 27-7-2-11Approval of classifications, premiums, or rates; consultations with worker's compensation board; duty of board to furnish information 27-7-2-12Representative of department; appointment; powers and duties 27-7-2-13Repealed 27-7-2-14Repealed 27-7-2-15Approval of system of schedule rating 27-7-2-16Repealed 27-7-2-17Repealed 27-7-2-18Exclusion of physical impairment of employees in rate making 27-7-2-19Repealed 27-7-2-20Adherence to approved rules, forms, plans, and systems; annual reports 27-7-2-20.1Minimum premiums and rates 27-7-2-20.2Minimum premiums, rates, and supplementary rate information; filing; approval; proof of notice; public inspection 27-7-2-20.3Minimum premiums or rates; disapproval 27-7-2-20.4Arrangements in restraint of trade; presumption; subsidiary companies 27-7-2-21Repealed 27-7-2-22Repealed 27-7-2-23Repealed 27-7-2-24Appointment of resident agent for service of process 27-7-2-25Annual license of rating bureau 27-7-2-26Repealed 27-7-2-27Jurisdiction of courts of Marion County; review 27-7-2-28Duty to insure and accept certain rejected risks 27-7-2-28.1Assigned risk plan; administration; filing; approval; modification or elimination by general assembly 27-7-2-28.2Examination of records; costs 27-7-2-29Rejected risks; designation of insurer; reinsurance 27-7-2-30Rules; adoption 27-7-2-31Loss of coverage for nonpayment of premiums; report of conditions precluding insurance; coverage pending decision 27-7-2-32Considerations in designating insurer to assume rejected risk; review of reasons 27-7-2-33Designated insurer carrying rejected risk; additional inspection; renewal rates 27-7-2-34Information concerning rejected risks; automatic insurance 27-7-2-35Record of rejected risks referred by bureau to members; effect of writing rejected risk as regular business 27-7-2-36Repealed 27-7-2-37Cancellation of rejected risk coverage; grounds; effect 27-7-2-37.5Refund of dividends, savings, or unabsorbed premium deposits 27-7-2-38Violations; penalties; suspension or revocation of license 27-7-2-39Appointment and compensation of personnel; appropriation 27-7-2-40Confidential data; data sharing with department or worker's compensation board