California Statutes
§ 23102. — 23102. (Amended by Stats. 1951, Ch. 72.)
California § 23102.
JurisdictionCalifornia
Code RTCRevenue and Taxation Code - RTC
Div. 2.DIVISION 2. OTHER TAXES
Part 11.PART 11. CORPORATION TAX LAW
Ch. 2.CHAPTER 2. The Corporation Franchise Tax
Art. 1.ARTICLE 1. Definitions and General Provisions
This text of California § 23102. (23102. (Amended by Stats. 1951, Ch. 72.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Revenue and Taxation Code - RTC Code § 23102. (2026).
Text
Any corporation holding or organized to hold stock or bonds of any other corporation or corporations, and not trading in stock or bonds or other securities held, and engaging in no activities other than the receipt and disbursement of dividends from stock or interest from bonds, is not a corporation doing business in this State for the purposes of this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by Stats. 1951, Ch. 72.
Cite This Page — Counsel Stack
Bluebook (online)
California § 23102., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/RTC/23102..