Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 1. General Provisions

Chapter 1. Construction

Section 110.5

110.5. "Full value." "Full value" means fair market value, full cash value, or such other value standard as is prescribed by the Constitution or in this code under the authorization of the Constitution.

History.—Added by Stats. 1974, Ch. 311, p. 589, in effect January 1, 1975. Stats. 1978, Ch. 292, in effect June 24, 1978, added the phrase "full cash value,".