California Codes > Revenue and Taxation Code > Division 2 > Part 10 > Chapter 5 – Deferred Compensation
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Terms Used In California Codes > Revenue and Taxation Code > Division 2 > Part 10 > Chapter 5 - Deferred Compensation
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- County: includes city and county. See California Water Code 14
- Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Water Code 19