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 applicable to premium taxes and taxes on premiums paid for similar coverage from a similar insurance source; and2. Paid by the insurance source, the agent or broker for the purchasing group, the purchasing group or any members of the purchasing group.Added by Laws 2021, c. 314, § 10, eff. Nov. 1, 2021.
Oklahoma Legal Code