California Revenue and Taxation Code

§ 1151

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

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.