California Code
PART 7 - INSURANCE TAXATION
CHAPTER 4 - Assessment and Effect of Tax

ARTICLE 1 - Tax Returns and Initial Payments

Section 12301. - 12301. (a) The taxes imposed upon insurers by Section 28...

Section 12302. - 12302. (a) On or before April 1 (or June 15...

Section 12303. - 12303. (a) Every return required by this article to be...

Section 12304. - 12304. (a) Blank forms of returns shall be furnished by...

Section 12305. - 12305. (a) The insurer required to file a return shall...

Section 12306. - 12306. The commissioner, for good cause shown, may extend for...

Section 12307. - 12307. (a) Any insurer that is granted an extension shall...

ARTICLE 2 - Initial Assessments

Section 12411. - 12411. A duplicate copy of each tax return received by...

Section 12412. - 12412. (a) Upon receipt of the duplicate copy of the...

Section 12413. - 12413. (a) The board shall promptly transmit notice of its...

Section 12414. - 12414. In making an initial assessment the board may offset...

ARTICLE 3 - Deficiency Assessments

Section 12421. - 12421. (a) As soon as practicable after an insurer’s or...

Section 12422. - 12422. (a) If the commissioner determines that the amount of...

Section 12423. - 12423. (a) If an insurer or surplus line broker fails...

Section 12424. - 12424. The board shall make a deficiency assessment on the...

Section 12425. - 12425. One or more deficiency assessments may be proposed or...

Section 12426. - 12426. In making a deficiency assessment the board may offset...

Section 12427. - 12427. (a) The board shall promptly notify the insurer or...

Section 12428. - 12428. (a) An insurer or surplus line broker against which...

Section 12429. - 12429. (a) If a petition for redetermination of a deficiency...

Section 12430. - 12430. The board may decrease or increase the amount of...

Section 12431. - 12431. (a) The order or decision of the board upon...

Section 12432. - 12432. Except for a notice given pursuant to Section 12430...

Section 12433. - 12433. (a) If before the expiration of the time prescribed...

Section 12434. - 12434. (a) Any notice required by this article shall be...

Section 12435. - 12435. A copy of each notice of a deficiency assessment...

ARTICLE 4 - Effect of Tax

Section 12491. - 12491. (a) Every tax levied upon an insurer under the...

Section 12492. - 12492. Every lien attaches as of 12:01 a.m. on the...

Section 12493. - 12493. (a) Every lien has the effect of an execution...

Section 12494. - 12494. (a) No judgment is satisfied nor lien removed until...

Section 12495. - 12495. No court shall make and enter a final discharge...