California Revenue and Taxation Code

§ 12075

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

RTC § 12075Div. 2 · Part 7 · Ch. 2 · Art. 1

Statute text

View on leginfo.ca.gov

“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.

Legislative history

Added by Stats. 1941, Ch. 113.