72 S T A T. ]
PUBLIC LAW 85-859-SEPT. 2, 1958
engaged as surety, and any bond for the due execution or performance of any contract, obligation, or requirement, or the duties of any office or position, and to account for money received by virtue thereof, where a premium is charged for the execution of such bond. " (d) INSURED.—For purposes of section 4371(1), the term 'insured' means— "(1) a domestic corporation or partnership, or an individual resident of the United States, against, or with respect to, hazards, risks, losses, or liabilities wholly or partly within the United States, or "(2) a foreign corporation, foreign partnership, or nonresident individual, engaged in a trade or business within the United States, against, or with respect to, hazards, risks, losses, or liabilities within the United States. "(e) POLICY OF LIFE, SICKNESS, OR ACCIDENT INSURANCE, OR A N NUITY CONTRACT.—For purposes of section 4371(2), the term 'policy
of life, sickness, or accident insurance, or annuity contract' means any policy or other instrument by whatever name called whereby a contract of insurance or an annuity contract is made, continued, or renewed with respect to the life or hazards to the person of a citizen or resident of the United States. "(f)
POLICY OF REINSURANCE.—For purposes of section 4371(3),
the term 'policy of reinsurance' means any policy or other instrument by whatever name called whereby a contract of reinsurance is made, continued, or renewed against, or with respect to, any of the hazards, risks, losses, or liabilities covered by contracts taxable under paragraph (1) or (2) of section 4371. "SEC. 4373. EXEMPTIONS. "The tax imposed by section 4371 shall not apply to— " (1) DOMESTIC AGENT.—Any policy, indemnity bond, or annuity contract signed or countersigned by an officer or agent of the insurer in a State, Territory, or District of the United States within which such insurer is authorized to do business. _j'(2) INDEMNITY BOND.—Any indemnity bond required to be filed by any person to secure payment of any pension, allowance, allotment, relief, or insurance by the United States, or to secure a duplicate for, or the payment of, any bond, note, certificate of indebtedness, war-saving certificate, warrant, or check, issued by the United States. "SEC. 4374. AFFIXING OF STAMPS. "Any person to or for whom or in whose name any policy, indemnity bond, or annuity contract referred to in section 4371 is issued, or any solicitor or broker acting for or on behalf of such person in the procurement of any such instrument, shall affix the proper stamps to such instrument. '*SEC. 4375. CROSS REFERENCES. "For penalties and other general and administrative provisions, see section 4384 and subtitle F.
"Subchapter E—Miscellaneous Provisions Applicable to Documentary Stamp Taxes "Sec. "Sec. "Sec. "Sec.
4381. 4382. 4383. 4384.
Definitions. Exemptions. Certain changes in partnerships. Liability for tax.
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