New Jersey Statutes
§ 54:16-3 — Underwriting profit; how computed
New Jersey § 54:16-3
JurisdictionNew Jersey
Title 54TAXATION
This text of New Jersey § 54:16-3 (Underwriting profit; how computed) 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. § 54:16-3 (2026).
Text
The term "underwriting profit" as used herein shall be computed by deducting from the net earned premiums on the marine insurances written within the United States during the calendar year, a. The losses incurred, and b. Expenses incurred including all taxes, state and federal, in connection with such net earned premiums.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
10
§ 54:16-1
Definition of marine insurances§ 54:16-10
Due date of tax§ 54:16-2
Imposition of tax§ 54:16-3
Underwriting profit; how computed§ 54:16-4
Net earned premiums; how computed§ 54:16-5
Losses incurred; definition§ 54:16-6
Expenses incurred; how computed§ 54:16-8
Computation of taxCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 54:16-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54/54%3A16-3.