Revenue and Taxation Code § 24950

ARTICLE 3. Nontaxable Exchanges

Current as of September 28, 2026Rev. & Tax. Code, § 24950Official source ↗

Amended by Stats. 1993, Ch. 877, Sec. 82. Effective October 6, 1993.

Section 1035 of the Internal Revenue Code, relating to certain exchanges of insurance policies, shall apply, except as otherwise provided.