Federal flood insurance premiums trigger sovereign immunity, given how closely the companies are intertwined with the FG, therefore municipality cannot base business license tax levels on premium levels.
Municipal Association of SC v. USAA General Indemnity Company
Friday, March 01, 2013
Fourth Circuit -- Municipal Association of SC v. USAA General Indemnity Company
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Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.
Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.
Author's SSRN page here.