A risk retention group as defined in Iowa Code chapter 515E may utilize its producers to report and pay premium taxes or may pay the taxes directly.
See the following administrative rules and statutes regarding surplus lines and risk retention groups.
§191-21 Requirements for Excess & Surplus Lines, Risk Retention Groups & Purchasing Groups
§515.120 Business with nonadmitted insurers
§515.121 Administrative Penalty
§515.122 Banned companies - - Information required
§515E Risk Retention Groups and Purchasing Groups