Revenue and Taxation Code - RTC
DIVISION 1. PROPERTY TAXATION [50 - 5911]
( Division 1 enacted by Stats. 1939, Ch. 154. ) PART 10. AIRCRAFT ASSESSMENT AND TAXATION [5301 - 5456]
( Part 10 added by Stats. 1961, Ch. 1703. ) CHAPTER 3. Assessment [5362 - 5368]
( Chapter 3 added by Stats. 1961, Ch. 1703. ) 5362.
The assessor of the county in which the aircraft is habitually situated shall assess the aircraft at its market value.
(Added by Stats. 1961, Ch. 1703.)