Rev. & Tax. Code, § 24913 · Article 2. Basis for Computation of Gain or Loss

Rev. & Tax. Code, § 24913

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

Notes and commentary — not statutory text

History

Added by Stats. 1955, Ch. 938.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC&sectionNum=24913.
Text hash: sha256 4e7d01beb7d3f622a764fe634c59a56811d2f62fd642ec922ff11664d0dd2ef3
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.