CHAPTER 7. Cancellations and Refunds [12951. - 12984.]

Heading of Chapter 7 amended by Stats. 1961, Ch. 740.

§§ 12951–12984 · 12 sections

1. ARTICLE 1. Cancellations §§ 12951–12952 · 2 sections

   • § 12951 (a) If any amount has been illegally assessed, the board shall set forth that fact in its records, certify the amount determined to be assessed in excess of…
   • § 12952 If the commissioner discovers an amount assessed by the board which he believes to have been illegally assessed, he shall notify the board in writing of such…
2. ARTICLE 2. Refund or Credit for Collected Taxes §§ 12977–12984 · 10 sections

   • § 12977 (a) If the board determines that any tax, interest, or penalty has been paid more than once or has been erroneously or illegally collected or computed, the…
   • § 12978 No credit or refund shall be allowed or approved after four years after April 1st of the year following the year for which the overpayment was made, or with…
   • § 12979 Every claim for refund or credit shall be in writing and shall state the specific grounds upon which it is founded.
   • § 12980 Failure to file a claim for refund or credit within the time prescribed in this article constitutes a waiver of any demand against the State on account of…
   • § 12981 Within 30 days after disallowing any claim for refund or credit in whole or in part the board shall mail notice of its action to the claimant at its address as…
   • § 12982 If the claim for refund or credit is presented to the commissioner he shall forthwith transmit it to the board, together with a statement of any information he…
   • § 12983 (a) Interest shall be allowed upon the amount of any overpayment of tax by an insurer pursuant to this part at the modified adjusted rate per month established…
   • § 12983.1 Interest shall be allowed upon the amount of any overpayment of tax by a surplus line broker pursuant to this part at the rate of 1 percent per calendar month…
   • § 12983.5 If any overpayment of taxes imposed by this part is refunded or credited within 90 days after the due date of the tax for the year for which the overpayment…
   • § 12984 (a) If the board determines that any overpayment has been made intentionally or made not incident to a bona fide and orderly discharge of a liability…