California Revenue and Taxation Code

§ 7959

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

RTC § 7959Div. 2 · Part 2 · Ch. 6 · Art. 6

Statute text

View on leginfo.ca.gov

Unless notice is given as provided by Section 7956, the purchaser or transferee becomes liable for all taxes and penalties under this part accrued against the vendor or transferor to the date of the sale or transfer, but only to the extent of the value of the property and business thereby acquired.

Legislative history

Added by Stats. 1941, Ch. 37.