California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 1. PROPERTY TAXATION |
Part 1. GENERAL PROVISIONS |
Chapter 1. Construction |
Section 124.
Latest version.
-
"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."
(Amended by Stats. 1984, Ch. 988, Sec. 1.1. Effective September 11, 1984.)