§ 12221 In the case of an insurer not transacting title insurance in this …
§ 12222 Funds accepted by a life insurer under an agreement which provides …

Terms Used In California Codes > Revenue and Taxation Code > Division 2 > Part 7 > Chapter 3 > Article 2 - Basis of Tax for Other Than Title Insurers

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • 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.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Insurer: as used in this part includes each of the following:

    California Revenue and Taxation Code 12003