California Revenue and Taxation Code

§ 12074

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 12074Div. 2 · Part 7 · Ch. 2 · Art. 1

“Net earned premiums” means the amount arrived at by:

(a)Deducting all return premiums, premiums on policies not taken, and premiums paid for reinsurance, from

(b)Gross premiums on ocean marine insurance contracts written during the current calendar year, to which remainder is added

…

Legislative history

Added by Stats. 1941, Ch. 113.