§400.710. Preemption and premium taxation.
7 C.F.R. § 400.710
A policy or plan of insurance that is approved by the Board for FCIC reinsurance is preempted from state and local taxation. This preemption does not apply to index-based weather plans of insurance approved for premium subsidy or A&O subsidy under this part.
Notes, amendments, and revision history
Source
Source: 81 FR 53673, Aug. 12, 2016, unless otherwise noted.
Authority
Authority: 7 U.S.C. 1506(1), 1506(o).