California Codes > Revenue and Taxation Code > Division 2 > Part 13.7 – Property Tax Reimbursement Law
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Terms Used In California Codes > Revenue and Taxation Code > Division 2 > Part 13.7 - Property Tax Reimbursement Law
- assessed value: means 25 percent of full value to, and including, the 1980-81 fiscal year, and 100 percent of full value for the 1981-82 fiscal year and fiscal years thereafter. See California Government Code 25
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- firearm: includes the frame or receiver of the weapon, including both a completed frame or receiver, or a firearm precursor part:
California Penal Code 16520
- handgun: means any pistol, revolver, or firearm capable of being concealed upon the person. See California Penal Code 16640
- person: includes a corporation as well as a natural person. See California Penal Code 7