Code Section

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.)