§ 13601.1. Misappropriated, Destroyed, or Depreciated Property.

Source: https://govt.westlaw.com/calregs/Document/IE6B438034C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

A bequest or devise of property which, prior to distribution, has been misappropriated by the executor or administrator, or for any reason has been lost or destroyed or has depreciated in value, is nevertheless a transfer subject to the Inheritance Tax Law.

Note: Reference: Section 13601, Revenue and Taxation Code.