Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 209.5 — Taxable and Exempt Property
Cal. Rev. & Tax. Code § 209.5
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
All right, title or interest in or to any vessel of more than 50 tons burden or 100 tons displacement, and the materials and parts held by the builder of the vessel at the site of construction for the specific purpose of incorporation therein, shall be exempt from taxation except for state…
Citator
Cal. Rev. & Tax. Code § 209.5 — Taxable and Exempt Property is in force in the current edition of the Code, and nothing recorded condemns it.
All right, title or interest in or to any vessel of more than 50 tons burden or 100 tons displacement, and the materials and parts held by the builder of the vessel at the site of construction for the specific purpose of incorporation therein, shall be exempt from taxation except for state purposes, while the vessel is under construction within this State.