{"code":"RTC","codeName":"Revenue and Taxation Code","section":"203.1","citation":"Rev. & Tax. Code, § 203.1","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. PROPERTY TAXATION [50. - 5911.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1"},{"name":"PART 2. ASSESSMENT [201. - 1367.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-2"},{"name":"CHAPTER 1. Taxation Base [201. - 287.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-2/chapter-1"},{"name":"ARTICLE 1. Taxable and Exempt Property [201. - 242.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-2/chapter-1/article-1"}],"history":"Added by Stats. 1979, Ch. 588.","effective":null,"html":"<p>Personal property owned or used by a nonprofit corporation operating a student bookstore affiliated with an educational institution, as defined in Section <a href=\"/rtc/203\">203</a>, is, for purposes of this section, deemed property belonging to such educational institution and shall be exempt from taxation.</p>","text":"Personal property owned or used by a nonprofit corporation operating a student bookstore affiliated with an educational institution, as defined in Section 203, is, for purposes of this section, deemed property belonging to such educational institution and shall be exempt from taxation.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/taxable-and-exempt-property-203-1","source":"California Legislative Information bulk export (pubinfo)"}