Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Revenue and Taxation Code
Property Taxation
Part 2. Assessment
Chapter 5. Special Types of Property
Article 1. Generally
Section 986
986. Works of art. The full value of a work of art, still owned by the artist who created it and which has never been sold nor exhibited for profit, is the full value of the materials which constitute the work of art.
History.—Stats. 1974, Ch. 311, p. 611, in effect January 1, 1975, substituted "full value" for "cash value" in both places.