Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 23102 — Definitions and General Provisions

Cal. Rev. & Tax. Code § 23102

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

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…

Citator

Cal. Rev. & Tax. Code § 23102 — Definitions and General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

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.