California Revenue and Taxation Code

§ 23701f

RTC § 23701f Effective Jan 1, 2001Div. 2 · Part 11 · Ch. 4 · Art. 1

Statute text

(a)A civic league, social welfare organization, or local organization of employees described in Section 501(c)(4) of the Internal Revenue Code, except as otherwise provided.

(b)An organization is not organized exclusively for exempt purposes under Section 501(c)(4) of the Internal Revenue Code unless its assets are irrevocably dedicated to one or more purposes listed in Section 501(c)(4) of the Internal Revenue Code.

Legislative history

Repealed and added by Stats. 2000, Ch. 252, Sec. 8. Effective January 1, 2001.