Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 1151 — Certificated Aircraft
Cal. Rev. & Tax. Code § 1151
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Rev. & Tax. Code § 1151 — Certificated Aircraft is in force in the current edition of the Code, and nothing recorded condemns it.
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.