Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2015
Property Tax Annotations
220.0000 CHANGE IN OWNERSHIP
220.0107 Corporate Stock Transfers. Transfers of corporate stock which result in a change in control of a parent corporation result in a change in ownership of the property or properties owned by that corporation and all of the subsidiary corporations it controls directly or indirectly. Sav-on Drugs, Inc. v. Orange County (1987) 190 Cal.App.3d 1611, settled this issue. C 9/29/1987.