Is Cal. Rev. & Tax. Code § 3772.5 — General Provisions still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 3772.5 — General Provisions

Cal. Rev. & Tax. Code § 3772.5

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 2000-01-01
Current through: Nov 2, 2026 (California Legislative Counsel)

For purposes of this chapter:

Citator

Cal. Rev. & Tax. Code § 3772.5 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

For purposes of this chapter:

(a) “Low-income persons” means persons and families of low or moderate income, as defined by Section 50093 of the Health and Safety Code.

(b) “Nonprofit organization” means a nonprofit organization incorporated pursuant to Part 2 (commencing with Section 5110) of Division 2 of Title 1 of the Corporations Code for the purpose of acquisition of either of the following:

(1) Single-family or multifamily dwellings for rehabilitation and sale or rent to low-income persons, or for other use to serve low-income persons.

(2) Vacant land for construction of residential dwellings and subsequent sale or rent to low-income persons, for other use to serve low-income persons, or for dedication of that vacant land to public use.

(c) “Rehabilitation” means repairs and improvements to a substandard building, as defined in Section 17920.3 of the Health and Safety Code, necessary to make it a building that is not a substandard building.