Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12232 — Basis of Tax for Title Insurers
Cal. Rev. & Tax. Code § 12232
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Investments,” as used in Section 12231, includes property acquired by an insurer in the settlement or adjustment of claims against it but excludes investments in title plants and title records. Income derived directly or indirectly from the use of title plants and title records is included in…
Citator
Cal. Rev. & Tax. Code § 12232 — Basis of Tax for Title Insurers is in force in the current edition of the Code, and nothing recorded condemns it.
“Investments,” as used in Section 12231, includes property acquired by an insurer in the settlement or adjustment of claims against it but excludes investments in title plants and title records. Income derived directly or indirectly from the use of title plants and title records is included in the basis of the tax.