California Revenue and Taxation Code

§ 130

RTC § 130Div. 1 · Part 1 · Ch. 1

Statute text

(a)“Vessel” includes every description of watercraft used or capable of being used as a means of transportation on water, but does not include aircraft.

(b)“Documented vessel” means any vessel which is required to have and does have a valid marine document issued by the Bureau of Customs of the United States or any federal agency successor thereto, except documented yachts of the United States, or is registered with, or licensed by, the Department of Motor Vehicles. “Documented vessel” does not include any vessel exempt from taxation under subdivision (l) of Section 3 of Article XIII of the Constitution of the State of California.

(c)“Vessel of the United States” means a documented vessel, that is, a vessel registered, enrolled and licensed, or licensed under the laws of the United States, except documented yachts of the United States.

…

Legislative history

Amended by Stats. 1975, Ch. 224.