Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Tax on Insurers Law
Chapter 4. Assessment and Effect of Tax*
Article 4. Effect of Tax
Section 12492
12492. When lien attaches. 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.
History.—Added by Stats. 1941, Ch. 113, operative July 1, 1943. Stats. 1967, p. 2244, operative January 1, 1968, substituted "as of 12:01 a.m. on the first day of" for "on the first Monday in" March.
* Stats. 1961, p. 1984, operative January 1, 1962, amended the title of Chapter 4 by substituting "Effect of Tax" for "Levy".