California Statutes
§ 11521. — 11521. (Added by Stats. 1987, Ch. 498, Sec. 20.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 6. PART 6. PRIVATE RAILROAD CAR TAX·Ch. 4. CHAPTER 4. Collection of Tax·Art. 6. ARTICLE 6. Payment on Termination of Business and Successor’s Liability
If any person liable for any amount under this part sells his or her business or quits the business, the person’s successors or assigns shall withhold a sufficient amount of the purchase price to cover the amount due until the former owner produces a receipt from the board showing that it has been paid or a certificate stating that no amount is due.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 11521. (11521. (Added by Stats. 1987, Ch. 498, Sec. 20.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1987, Ch. 498, Sec. 20.