384.061. The five percent tax on net premiums imposed by sections 384.051 and 384.059 shall be levied only upon risks or portions of risks which are located within this state. If a surplus lines policy covers risks only partially located in this state, the tax payable shall be computed on the portions of the premium properly allocable to that portion of the risks located in this state and no Missouri tax shall be charged for that portion of risk which is located outside of the state of Missouri.
(L. 1989 S.B. 250)
Missouri General Assembly