Section 58-18-92 - Payment of premium taxes. - South Dakota Statutes

58-18-92. Payment of premium taxes. If not otherwise provided, a multiple employer trust doing business in this state on a self-funded basis shall pay premium taxes as required in chapter 10-44 based upon the amount each participating employer contributes, including any amounts contributed by employees and dependents, to the plan on an annual basis. If a multiple employer trust purchases excess or stop loss coverage, the multiple employer trust may not be taxed additionally for that coverage.

Source: SL 2005, ch 272, § 6.