BlackletterCalifornia law

Revenue and Taxation Code § 24941

ARTICLE 3. Nontaxable Exchanges

Current as of September 28, 2026Rev. & Tax. Code, § 24941Official source ↗

Amended by Stats. 1993, Ch. 877, Sec. 81. Effective October 6, 1993.

Section 1031 of the Internal Revenue Code, relating to exchange of property held for productive use or investment, shall apply, except as otherwise provided.