Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Revenue and Taxation Code
Part 4. Levy of Tax
CHAPTER 2. Effect of Tax
2190.1. Real estate of Veterans Welfare Board. If the tax on an assessment of a possessory interest in real estate of the Veterans Welfare Board is not paid before delinquency, the amount of the tax, penalties and costs shall be paid by said board and added to the amount due under the contract for the property.
History.—Added by Stats. 1945, p. 783, in effect September 15, 1945.
Entire value rather than possessory interest taxable.—The reference in this section to the "possessory interest" must be disregarded, for Article XIII, Section 1, of the State Constitution requires that the entire value of the property being purchased under contract from the Veterans Welfare Board be assessed to the purchaser and not merely his possessory interest. Eisley v. Mohan, 31 Cal.2d 637.