California Revenue and Taxation Code

§ 17009

RTC § 17009 Effective Oct 3, 1997Div. 2 · Part 10 · Ch. 1

Statute text

“Corporation” includes joint stock companies or associations (including nonprofit associations that perform services, borrow money or own property, and business trusts or other business entities taxable as a corporation under regulations of the Franchise Tax Board) and insurance companies. “Corporation” also includes a trust organized and operated exclusively for purposes contained in Section 23701d.

Legislative history

Amended by Stats. 1997, Ch. 608, Sec. 1. Effective October 3, 1997.