DecisionDepot
California legal research

California Revenue and Taxation Code

§ 1151

RTC § 1151Div. 1 · Part 2 · Ch. 5 · Art. 6

Statute text

View on leginfo.ca.gov
Certificated aircraft shall be deemed to be situated in this state only to the extent that such aircraft are normally physically present within the state, whether in flight or on the ground. To determine such extent for purposes of property taxation, the allocation formula specified by Section 1152 shall be applied.

Legislative history

Added by Stats. 1968, Ch. 1306.

Source: California Revenue and Taxation Code § 1151 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.