Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12077 — Definitions
Cal. Rev. & Tax. Code § 12077
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Specific expenses” means expenses incurred directly and specifically in connection with earned ocean marine premiums, including all commissions, agency expenses, taxes, licenses, fees, and loss-adjustment expenses, less recoveries or reimbursements on account of or in connection with the…
Citator
Cal. Rev. & Tax. Code § 12077 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Specific expenses” means expenses incurred directly and specifically in connection with earned ocean marine premiums, including all commissions, agency expenses, taxes, licenses, fees, and loss-adjustment expenses, less recoveries or reimbursements on account of or in connection with the commissions or other expenses collected or collectible because of reinsurance or from any other source.