Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2011
Revenue and Taxation Code
Part 2. Assessment
CHAPTER 1. Taxation Base
Article 1. Taxable and Exempt Property
202.7. Personalty used by student governments. Personal property owned or used by student governments of the University of California or by nonprofit corporations operating student book stores of colleges affiliated with the University of California is, for purposes of this section, deemed property belonging to this state and shall be exempt from taxation.
History.—Added by Stats. 1972, p. 733, in effect March 7, 1973. Stats. 1974, Ch. 759, p. 1675, in effect January 1, 1975, added "or by nonprofit corporations operating student book stores of colleges affiliated with the University of California" after "University of California", and added ", for purposes of this section," after "is". Sec. 2 thereof provided no payment by state to local governments because of this act.