Revenue and Taxation Code § 235
ARTICLE 1. Taxable and Exempt Property
For the purposes of this division, the lessee of tangible personal property owned by a bank or financial corporation shall be conclusively presumed the owner of that property.
ARTICLE 1. Taxable and Exempt Property
For the purposes of this division, the lessee of tangible personal property owned by a bank or financial corporation shall be conclusively presumed the owner of that property.