California Statutes
§ 12075. — 12075. (Added by Stats. 1941, Ch. 113.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 7. PART 7. INSURANCE TAXATION·Ch. 2. CHAPTER 2. Ocean Marine Insurance·Art. 1. ARTICLE 1. Definitions
“Losses incurred” means gross losses incurred during the current calendar year under ocean marine contracts written within the United States, less reinsurance claims collected or collectible and salvages or recoveries collectible from any source applicable to the losses.
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California § 12075. (12075. (Added by Stats. 1941, Ch. 113.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1941, Ch. 113.