{"data":{"id":"us-ca/rtc-12077","jurisdiction":"us-ca","citation":"RTC § 12077","heading":"","body":"“Specific expenses” means expenses incurred directly and specifically in connection with earned ocean marine premiums, including all commissions, agency expenses, taxes, licenses, fees, and loss-adjustment expenses, less recoveries or reimbursements on account of or in connection with the commissions or other expenses collected or collectible because of reinsurance or from any other source.","path":["Revenue and Taxation Code - RTC","DIVISION 2. OTHER TAXES [6001. - 61050.]","PART 7. INSURANCE TAXATION [12001. - 13170.]","CHAPTER 2. Ocean Marine Insurance [12071. - 12107.]","ARTICLE 1. Definitions [12071. - 12078.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"e3214abebd149167d2c3869e8b520df0a800e787c49983006203dfa950441d87","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-12076","next":"us-ca/rtc-12078"},"notice":"GroundRules: Original legal text. Not legal advice."}