{"code":"RTC","codeName":"Revenue and Taxation Code","section":"12494","citation":"Rev. & Tax. Code, § 12494","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 7. INSURANCE TAXATION [12001. - 13170.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7"},{"name":"CHAPTER 4. Assessment and Effect of Tax [12301. - 12495.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-4"},{"name":"ARTICLE 4. Effect of Tax [12491. - 12495.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-7/chapter-4/article-4"}],"history":"Repealed (in Sec. 87) and added by Stats. 2013, Ch. 33, Sec. 88.   (SB 78)   Effective June 27, 2013.   Section operative July 1, 2013, by its own provisions.","effective":"2013-06-27","html":"<p>(a) No judgment is satisfied nor lien removed until either:</p><p>(1) The taxes, interest, penalties, and costs are paid.</p><p>(2) The insurer’s or surplus line broker’s property is sold for the payment thereof.</p><p>(b) This section shall become operative on July 1, 2013. </p>","text":"(a) No judgment is satisfied nor lien removed until either: (1) The taxes, interest, penalties, and costs are paid. (2) The insurer’s or surplus line broker’s property is sold for the payment thereof. (b) This section shall become operative on July 1, 2013.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/effect-of-tax-12494","source":"California Legislative Information bulk export (pubinfo)"}