Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 60048 — General Provisions and Definitions
Cal. Rev. & Tax. Code § 60048
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2001-10-02
- Current through
- Nov 2, 2026 (California Legislative Counsel)
“Sale” means:
Citator
Cal. Rev. & Tax. Code § 60048 — General Provisions and Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
“Sale” means:
(a) The transfer of title to diesel fuel (other than diesel fuel in a terminal) to a buyer for consideration, which may consist of money, services, or other property.
(b) The transfer of the inventory position in the diesel fuel in a terminal if the buyer becomes the positionholder with respect to the diesel fuel.