TITLE INSURANCE COMPANY v. STATE BOARD OF EQUALIZATION (1991)

Supreme Court of California,In Bank.

TITLE INSURANCE COMPANY, Respondent, v. STATE BOARD OF EQUALIZATION, Appellant.

No. S022285.

Decided: October 23, 1991

Petition for review GRANTED.

The issue to be argued before this court shall be limited to whether a title insurance company realizes taxable income from the entire amount of the premium the insured pays for a title insurance policy, even when a substantial portion of the premium is withheld by the underwritten title company that performs the title search.

LUCAS, C.J., and PANELLI, ARABIAN and BAXTER, JJ., concur.

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