Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24949 — Nontaxable Exchanges
Cal. Rev. & Tax. Code § 24949
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For purposes of this part, if livestock are destroyed by or on account of disease, or are sold or exchanged because of disease, such destruction or such sale or exchange shall be treated as an involuntary conversion to which Sections 24943 to 24949, inclusive, apply.
Citator
Cal. Rev. & Tax. Code § 24949 — Nontaxable Exchanges is in force in the current edition of the Code, and nothing recorded condemns it.
For purposes of this part, if livestock are destroyed by or on account of disease, or are sold or exchanged because of disease, such destruction or such sale or exchange shall be treated as an involuntary conversion to which Sections 24943 to 24949, inclusive, apply.