2005 Idaho Code - 41-310 — PAYMENT OF BACK TAXES

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 3
                          AUTHORIZATION OF INSURERS
                           AND GENERAL REQUIREMENTS
    41-310.  PAYMENT OF BACK TAXES. (1) In addition to other applicable
requirements therefor, no insurer formerly an authorized insurer in this state
and again seeking admission to this state as an authorized insurer shall be so
authorized unless the insurer, as part of its application for such authority,
includes a written statement duly sworn to by at least two (2) of its
executive officers of all premiums received by the insurer with respect to
insurance on subjects of insurance resident, located, or to be performed in
this state, subsequent to its previous withdrawal for any cause from this
state, and pays to the state premium tax thereon at the same rate and in the
same amount as the insurer would have paid on such premiums had it continued
to be an authorized insurer in this state during the period interim its
withdrawal and its re-application for authority.
    (2)  Any insurer not theretofore authorized in this state which, within
three (3) years prior to its application for authority to transact insurance
in Idaho has transacted insurance in this state in violation of the laws of
Idaho, shall not be granted such authority unless it is otherwise fully
qualified therefor, files with the director a written statement sworn to by
two (2) of its executive officers of all premiums received by it during such
three (3) years with respect to insurance on subjects resident, located or to
be performed in Idaho, and pays to the director as an additional fee for the
filing of its application for certificate of authority, an amount of money
equal to the premium tax which it would have paid to this state with respect
to such premiums if it had been an authorized insurer in this state throughout
such period.