California Government Code

§ 7301

GOV § 7301Div. 7 · Title 1 · Ch. 17.7

Statute text

For purposes of this chapter:

(a)“Land” means any right or interest, including development rights, in real property which is essentially unimproved and devoted to an open-space use as defined in Section 65560 or real property which is of significant historic or cultural value.

(b)“Person” means a transferee of property subject to tax under the Inheritance Tax Law (Part 8 (commencing with Section 13301) of Division 2 of the Revenue and Taxation Code), which includes open-space land, where the total property transferred to such transferee does not include sufficient money or other liquid assets to pay the state inheritance tax on the transfer.

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Legislative history

Added by Stats. 1978, Ch. 1144.