Cal. Rev. & Tax. Code § 24948
Current through the 2023 Legislative Session.
For purposes of this part, if property lying within an irrigation project is sold or otherwise disposed of in order to conform to the acreage limitation provisions of federal reclamation laws, such sale or disposition shall be treated as an involuntary conversion to which Sections 24943 to 24949, inclusive, apply.
Ca. Rev. and Tax. Code § 24948