Rev. & Tax. Code, § 723.1 · Article 1. General Provisions
Rev. & Tax. Code, § 723.1
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Operating nonunitary properties are those that the assessee and its regulatory agency consider to be operating as a unit, but the board considers not part of the unit in the primary function of the assessee. This section does not apply to state-assessed property of regulated railway companies. In the case of regulated railway companies, there shall be only two classifications of property for purposes of this code, unitary and nonunitary.
Notes and commentary — not statutory text
History
Amended by Stats. 1987, Ch. 921, Sec. 4. Effective September 22, 1987.
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§ionNum=723.1.
- Text hash
- sha256 faddf686dd1bb56e3f83be0762224cb461bcdf5d9e298855fb26162d151c4122
- 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
Cited by 1 provision
Provisions in this library whose text cites Rev. & Tax. Code, § 723.1. Each shows the citation as that text prints it.
Revenue and Taxation Code
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