Code Section

Revenue and Taxation Code - RTC

DIVISION 2. OTHER TAXES [6001 - 61050]

  ( Heading of Division 2 amended by Stats. 1968, Ch. 279. )
  

PART 7. INSURANCE TAXATION [12001 - 13170]

  ( Part 7 added by Stats. 1941, Ch. 113. )
  

CHAPTER 2. Ocean Marine Insurance [12071 - 12107]

  ( Chapter 2 added by Stats. 1941, Ch. 113. )
  

ARTICLE 1. Definitions [12071 - 12078]
  ( Article 1 added by Stats. 1941, Ch. 113. )

  
12076.  

“Expenses incurred” includes specific and general expenses incurred in the current calendar year on ocean marine contracts written within the United States.

(Added by Stats. 1941, Ch. 113.)