Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24948 — Nontaxable Exchanges
Cal. Rev. & Tax. Code § 24948
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For purposes of this part, if property lying within an irrigation project is sold or otherwise disposed of in order to conform to the acreage limitation provisions of federal reclamation laws, such sale or disposition shall be treated as an involuntary conversion to which Sections 24943 to…
Citator
Cal. Rev. & Tax. Code § 24948 — Nontaxable Exchanges is in force in the current edition of the Code, and nothing recorded condemns it.
For purposes of this part, if property lying within an irrigation project is sold or otherwise disposed of in order to conform to the acreage limitation provisions of federal reclamation laws, such sale or disposition shall be treated as an involuntary conversion to which Sections 24943 to 24949, inclusive, apply.