California § 220. 220. (Amended by Stats. 1966, 1st Ex. Sess., Ch. 147.)

California Statutes

§ 220. — 220. (Amended by Stats. 1966, 1st Ex. Sess., Ch. 147.)

California·Code RTC Revenue and Taxation Code - RTC·Div. 1. DIVISION 1. PROPERTY TAXATION·Part 2. PART 2. ASSESSMENT·Ch. 1. CHAPTER 1. Taxation Base·Art. 1. ARTICLE 1. Taxable and Exempt Property

Any aircraft which is in California on the lien date solely for the purpose of being repaired, overhauled, modified, or serviced is exempt from personal property taxation. This exemption does not apply to aircraft normally based in California, or operated intrastate or interstate in and into California.

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California § 220. (220. (Amended by Stats. 1966, 1st Ex. Sess., Ch. 147.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.