Revenue and Taxation Code - RTC
DIVISION 2. OTHER TAXES [6001 - 61050]
( Heading of Division 2 amended by Stats. 1968, Ch. 279. ) PART 1. SALES AND USE TAXES [6001 - 7176]
( Part 1 added by Stats. 1941, Ch. 36. ) CHAPTER 4. Exemptions [6351 - 6423]
( Chapter 4 added by Stats. 1941, Ch. 36. ) ARTICLE 1. General Exemptions [6351 - 6380]
( Article 1 added by Stats. 1941, Ch. 36. ) 6360.
Any organization formed and operated for charitable purposes and qualifying for the welfare exemption from property taxation under Section 214 is a consumer of, and shall not be considered a retailer within the provisions of this part with respect to bracelets designed to commemorate American prisoners of war, which it distributes, whether or not a contribution is made to such organization, where the profits are used solely and exclusively in furtherance of the purposes of such organization.
(Added by Stats. 1972, Ch. 1176.)