ARTICLE 7. Fractionally Owned Aircraft [1160. - 1162.]

Article 7 added by Stats. 2007, Ch. 180, Sec. 4.

§§ 1160–1162 · 3 sections

• § 1160 For purposes of this article, all of the following apply: (a) The following terms have the following meanings: (1) “Aircraft” has the same meaning as specified…
• § 1161 (a) Notwithstanding any other law, fractionally owned aircraft that has situs in this state shall be assessed on a fleetwide basis to the manager in control of…
• § 1162 (a) On or before October 1, 2007, the Aircraft Advisory Subcommittee of the California Assessors’ Association may designate a lead county assessor’s office for…