California Revenue and Taxation Code

§ 24991

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

RTC § 24991 Effective Jan 1, 2004Div. 2 · Part 11 · Ch. 15 · Art. 4.5

Statute text

View on leginfo.ca.gov

Section 1275(a)(3) of the Internal Revenue Code, relating to the definition of tax-exempt obligation, does not apply but instead the term “tax-exempt obligation” means an obligation the interest on which is exempt from tax under this part.

Legislative history

Amended by Stats. 2003, Ch. 185, Sec. 40. Effective January 1, 2004.