Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24874 — Regulated Investment Companies, Real Estate Investment Trusts, Real Estate Mortgage Investment Conduits, and Financial Asset Securitization Investment Trusts

Cal. Rev. & Tax. Code § 24874

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1992-09-15
Current through
Nov 2, 2026 (California Legislative Counsel)

A real estate mortgage investment conduit (REMIC) shall be subject to the minimum franchise tax imposed under Section 23153.

Citator

Cal. Rev. & Tax. Code § 24874 — Regulated Investment Companies, Real Estate Investment Trusts, Real Estate Mortgage Investment Conduits, and Financial Asset Securitization Investment Trusts is in force in the current edition of the Code, and nothing recorded condemns it.

A real estate mortgage investment conduit (REMIC) shall be subject to the minimum franchise tax imposed under Section 23153.