Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 203.1 — Taxable and Exempt Property
Cal. Rev. & Tax. Code § 203.1
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Personal property owned or used by a nonprofit corporation operating a student bookstore affiliated with an educational institution, as defined in Section 203, is, for purposes of this section, deemed property belonging to such educational institution and shall be exempt from taxation.
Citator
Cal. Rev. & Tax. Code § 203.1 — Taxable and Exempt Property is in force in the current edition of the Code, and nothing recorded condemns it.
Personal property owned or used by a nonprofit corporation operating a student bookstore affiliated with an educational institution, as defined in Section 203, is, for purposes of this section, deemed property belonging to such educational institution and shall be exempt from taxation.