{"code":"RTC","codeName":"Revenue and Taxation Code","section":"23736.2","citation":"Rev. & Tax. Code, § 23736.2","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 11. CORPORATION TAX LAW [23001. - 25141.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11"},{"name":"CHAPTER 4. Exempt Corporations [23701. - 23778.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-4"},{"name":"ARTICLE 2. Taxation of Business Income of Certain Article 1 Organizations [23731. - 23741.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-4/article-2"}],"history":"Amended by Stats. 1961, Ch. 857.","effective":null,"html":"<p>An organization described in Section <a href=\"/rtc/23701d\">23701d</a> which is subject to the provisions of this article, except those specified in Sections <a href=\"/rtc/23736\">23736</a>, shall not be exempt from taxation under Article 1 of this chapter if it has engaged in a prohibited transaction after January 1, 1951; and an organization described in Section <a href=\"/rtc/23701n\">23701n</a> which is subject to the provisions of this article shall not be exempt from taxation under Article 1 of this chapter if it has engaged in a prohibited transaction after December 31, 1960.</p>","text":"An organization described in Section 23701d which is subject to the provisions of this article, except those specified in Sections 23736, shall not be exempt from taxation under Article 1 of this chapter if it has engaged in a prohibited transaction after January 1, 1951; and an organization described in Section 23701n which is subject to the provisions of this article shall not be exempt from taxation under Article 1 of this chapter if it has engaged in a prohibited transaction after December 31, 1960.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/taxation-of-business-income-of-certain-article-1-23736-2","source":"California Legislative Information bulk export (pubinfo)"}