Section 56-2-111 - Liability for tax on gross premium

Any company violating § 56-2-105 shall be liable, with respect to any contract of insurance or transaction of insurance business as defined and limited in § 56-2-105, for the payment of all taxes on gross premiums imposed in chapter 4 of this title.Acts 1968, ch. 536, § 6; T.C.A., § 56-211.