DecisionDepot
California legal research

California Revenue and Taxation Code

§ 2509

RTC § 2509Div. 1 · Part 5 · Ch. 1
If any negotiable paper is not paid on due presentment for any reason, any record of payment made on any official record because of its acceptance shall be canceled, and the tax or assessment is a lien as though no payment has been attempted. The officer accepting negotiable paper shall make any memoranda necessary to enable him to make proper cancellation on its return without payment.

Legislative history

Amended by Stats. 1957, Ch. 155.

Source: California Revenue and Taxation Code § 2509 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.