Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 23701v — Exemptions From This Part
Cal. Rev. & Tax. Code § 23701v
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) An organization of owners of manufactured homes or mobilehomes, who are tenants in a mobilehome park, formed for the purpose of purchasing the mobilehome park to convert it to condominium, stock cooperative, or other resident ownership interests.
Citator
Cal. Rev. & Tax. Code § 23701v — Exemptions From This Part is in force in the current edition of the Code, and nothing recorded condemns it.
(a) An organization of owners of manufactured homes or mobilehomes, who are tenants in a mobilehome park, formed for the purpose of purchasing the mobilehome park to convert it to condominium, stock cooperative, or other resident ownership interests.
(b) An organization shall not fail to meet the requirements of subdivision (a) merely because it manages, maintains, or cares for the mobilehome park it has purchased.