{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24870","citation":"Rev. & Tax. Code, § 24870","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 14.5. Regulated Investment Companies, Real Estate Investment Trusts, Real Estate Mortgage Investment Conduits, and Financial Asset Securitization Investment Trusts [24870. - 24876.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-14.5"}],"history":"Amended by Stats. 2015, Ch. 359, Sec. 37.   (AB 154)   Effective September 30, 2015.   Applicable to taxable years beginning on or after January 1, 2015, as provided in Sec. 41 of Stats. 2015, Ch. 359.","effective":"2015-09-30","html":"<p>Subchapter M of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to regulated investment companies and real estate investment trusts, shall apply, except as otherwise provided in this part.</p>","text":"Subchapter M of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to regulated investment companies and real estate investment trusts, shall apply, except as otherwise provided in this part.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/regulated-investment-companies-real-estate-investment-trusts-24870","source":"California Legislative Information bulk export (pubinfo)"}