§ 12231 In the case of an insurer transacting title insurance in this State, …
§ 12232 “Investments,” as used in Section 12231, includes property acquired …

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

  • Insurer: as used in this part includes each of the following:

    California Revenue and Taxation Code 12003

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.