DIVISION 2. OTHER TAXES 6001-60709›PART 11. CORPORATION TAX LAW 23001-25141›CHAPTER 15. Gain or Loss on Disposition of Property 24901-24998›ARTICLE 3. Nontaxable Exchanges 24941-24956
§ 24941.5
California Revenue and Taxation Code · 2018-11 edition · updated 2026-10-04 · California
Section 1031(i) of the Internal Revenue Code, relating to special rules for mutual ditch, reservoir, or irrigation company stock, shall not apply.
(Added by Stats. 2010, Ch. 14, Sec. 77. (SB 401) Effective January 1, 2011.)
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