California Statutes
§ 1151. — 1151. (Added by Stats. 1968, Ch. 1306.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 1. DIVISION 1. PROPERTY TAXATION·Part 2. PART 2. ASSESSMENT·Ch. 5. CHAPTER 5. Special Types of Property·Art. 6. ARTICLE 6. Certificated Aircraft
Certificated aircraft shall be deemed to be situated in this state only to the extent that such aircraft are normally physically present within the state, whether in flight or on the ground. To determine such extent for purposes of property taxation, the allocation formula specified by Section 1152 shall be applied.
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California § 1151. (1151. (Added by Stats. 1968, Ch. 1306.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1968, Ch. 1306.