New Jersey § 17:12B-6 Gross income

New Jersey Statutes

§ 17:12B-6 — Gross income

New Jersey § 17:12B-6

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:12B-6 (Gross income) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 17:12B-6 (2026).

Text

"Gross income" shall mean the sum, for an accounting period, of the following:

(a)Operating income.

(b)Real estate income.

(c)All profits actually received during such accounting period from the sale or transfer of securities, real estate or other property unless credited directly to reserve accounts.

(d)Any nonrecurring income unless credited directly to reserve accounts. L.1963, c. 144, s. 6.

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"Gross income" shall mean the sum, for an accounting period, of the following: (a) Operating income. (b) Real estate income. (c) All profits actually received during such accounting period from the sale or transfer of securities, real estate or other property unless credited directly to reserve accounts. (d) Any nonrecurring income unless credited directly to reserve accounts. L.1963, c. 144, s. 6.