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New Jersey Statutes, Title: 54, TAXATION
Chapter 16: Definition of marine insurances
Section: 54:16-5: Losses incurred; definition
As used in this chapter "losses incurred" means gross losses incurred during the calendar year under such marine insurances written within the United States, less reinsurance claims collected or collectible and salvages or recoveries collectible from any source applicable to such losses.
This section added to the Rutgers Database: 2012-09-26 13:37:56.
Older versions of 54:16-5 (if available):
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