California Revenue and Taxation Code

§ 5363

RTC § 5363Div. 1 · Part 10 · Ch. 3

Statute text

In assessing aircraft, the county assessor shall determine the market value of the aircraft in accordance with standards and guides to the market value of aircraft prescribed by the board. In determining the market value of aircraft the assessor shall not take into account the existence of any custom or common method, if any, in arriving at the market value of any class or classes of aircraft.

Legislative history

Added by Stats. 1961, Ch. 1703.