{"code":"RTC","codeName":"Revenue and Taxation Code","section":"2506","citation":"Rev. & Tax. Code, § 2506","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 5. COLLECTION OF TAXES [2501. - 3205.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-5"},{"name":"CHAPTER 1. Medium of Payment [2501. - 2516.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-5/chapter-1"}],"history":"Amended by Stats. 1957, Ch. 155.","effective":null,"html":"<p>The acceptance of negotiable paper constitutes a payment of a tax, assessment, or redemption as of the date of acceptance when, but not before, the negotiable paper is duly paid.</p>","text":"The acceptance of negotiable paper constitutes a payment of a tax, assessment, or redemption as of the date of acceptance when, but not before, the negotiable paper is duly paid.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/medium-of-payment-2506","source":"California Legislative Information bulk export (pubinfo)"}