Revenue and Taxation Code - RTC
DIVISION 2. OTHER TAXES [6001 - 61050]
( Heading of Division 2 amended by Stats. 1968, Ch. 279. ) PART 11. CORPORATION TAX LAW [23001 - 25141]
( Heading of Part 11 amended by Stats. 2001, Ch. 543, Sec. 21. ) CHAPTER 15. Gain or Loss on Disposition of Property [24901 - 24998]
( Chapter 15 added by Stats. 1955, Ch. 938. ) ARTICLE 3. Nontaxable Exchanges [24941 - 24956]
( Article 3 added by Stats. 1955, Ch. 938. ) 24941.
Section 1031 of the Internal Revenue Code, relating to exchange of property held for productive use or investment, shall apply, except as otherwise provided.
(Amended by Stats. 1993, Ch. 877, Sec. 81. Effective October 6, 1993.)