California Statutes
§ 12078. — 12078. (Added by Stats. 1941, Ch. 113.)
California § 12078.
JurisdictionCalifornia
Code RTCRevenue 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
This text of California § 12078. (12078. (Added by Stats. 1941, Ch. 113.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Revenue and Taxation Code - RTC Code § 12078. (2026).
Text
“General expenses” means the portion of expenses not chargeable specifically to a particular class of insurance which is allocated to earned ocean marine premiums, consisting of that proportion of general or overhead expenses, including salaries of officers and employees, printing and stationery, and taxes of this State and of the United States, which the net premiums of ocean marine insurance written by the insurer bear to the total net premiums from all classes of insurance written by it during the current calendar year.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Stats. 1941, Ch. 113.
Cite This Page — Counsel Stack
Bluebook (online)
California § 12078., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/RTC/12078..