{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24954.1","citation":"Rev. & Tax. Code, § 24954.1","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 15. Gain or Loss on Disposition of Property [24901. - 24998.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15"},{"name":"ARTICLE 3. Nontaxable Exchanges [24941. - 24955.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15/article-3"}],"history":"Added by Stats. 1998, Ch. 322, Sec. 101.   Effective August 20, 1998.","effective":"1998-08-20","html":"<p>Section 1042(g) of the Internal Revenue Code, relating to application of section to sales of stock in agricultural refiners and processors to eligible farm cooperatives, shall not apply.</p>","text":"Section 1042(g) of the Internal Revenue Code, relating to application of section to sales of stock in agricultural refiners and processors to eligible farm cooperatives, shall not apply.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/nontaxable-exchanges-24954-1","source":"California Legislative Information bulk export (pubinfo)"}