ARTICLE 5. Reorganized Corporations

Article 5 added by Stats. 1949, Ch. 557.

§§ 23251–23253 · 2 sections

• § 23251 The term “reorganization,” as used in this chapter, shall have the same meaning as that term is defined in Section 368 of the Internal Revenue Code.
• § 23253 Section 381(b) of the Internal Revenue Code, relating to operating rules, shall apply in determining the close of the taxable year. If a short period year is…