{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24874","citation":"Rev. & Tax. Code, § 24874","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":"Added by Stats. 1992, Ch. 698, Sec. 26.   Effective September 15, 1992.","effective":"1992-09-15","html":"<p>A real estate mortgage investment conduit (REMIC) shall be subject to the minimum franchise tax imposed under Section <a href=\"/rtc/23153\">23153</a>.</p>","text":"A real estate mortgage investment conduit (REMIC) shall be subject to the minimum franchise tax imposed under Section 23153.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/regulated-investment-companies-real-estate-investment-trusts-24874","source":"California Legislative Information bulk export (pubinfo)"}