California Revenue and Taxation Code ARTICLE 4 - Effect of Tax

• Section 12491.
  (a) Every tax levied upon an insurer under the provisions of Article XIII of the California Constitution and of this part is a lien upon all...
• Section 12492.
  Every lien attaches as of 12:01 a.m. on the first day of March of the calendar year in which the tax is levied.(Amended by Stats....
• Section 12493.
  (a) Every lien has the effect of an execution duly levied against all property of a delinquent insurer or surplus line broker.(b) This section shall become operative...
• Section 12494.
  (a) No judgment is satisfied nor lien removed until either:(1) The taxes, interest, penalties, and costs are paid.(2) The insurer’s or surplus line broker’s property is sold for...
• Section 12495.
  No court shall make and enter a final discharge in bankruptcy or decree of dissolution, nor shall any county clerk or the Secretary of State...

Last modified: October 22, 2018