California Revenue and Taxation Code

§ 403

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

RTC § 403Div. 1 · Part 2 · Ch. 3 · Art. 1

Statute text

View on leginfo.ca.gov

Land sold by the State for which no patent has been issued shall be assessed like other land, but the owner is entitled to a deduction from the assessed valuation of the amount due the State as principal on the purchase price.

Legislative history

Enacted by Stats. 1939, Ch. 154.