Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12636.5 — Interest and Penalties
Cal. Rev. & Tax. Code § 12636.5
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2013-06-27
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Every payment on an insurer’s or surplus line broker’s delinquent annual tax shall be applied as follows:
Citator
Cal. Rev. & Tax. Code § 12636.5 — Interest and Penalties is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Every payment on an insurer’s or surplus line broker’s delinquent annual tax shall be applied as follows:
(1) First, to any interest due on the tax.
(2) Second, to any penalty imposed by this part.
(3) The balance, if any, to the tax itself.
(b) This section shall become operative on July 1, 2013.