Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 1. General Provisions

Chapter 1. Construction

Section 124

124. "Current taxes." "Current taxes" means taxes which are a lien on property, but which are not included in "amount of defaulted taxes" except that, between a lien date and the time in the same calendar year when property is declared to be tax-defaulted, the taxes becoming a lien on this lien date in such calendar year are not yet "current taxes."

History.—Stats. 1941 (First Extra Session 1940), p. 131, in effect June 1, 1941, deleted second paragraph. Stats. 1941, p. 1423, operative June 1, 1941, restored provisions of original section. Stats. 1984, Ch. 988, in effect September 11, 1984, substituted "defaulted" for "sold" after "amount of", substituted "declared to be tax-defaulted" for "sold to the state for taxes" after "is" in the first paragraph, and deleted the former second paragraph.