ARTICLE 3. Basis of Tax for Title Insurers

Article 3 added by Stats. 1961, Ch. 740.

§§ 12231–12232 · 2 sections

• § 12231 In the case of an insurer transacting title insurance in this State, the basis of the tax is, in respect to each year, all income upon business done in this…
• § 12232 “Investments,” as used in Section 12231, includes property acquired by an insurer in the settlement or adjustment of claims against it but excludes investments…