California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 1. PROPERTY TAXATION |
Part 2. ASSESSMENT |
Chapter 3. Assessment Generally |
ARTICLE 1.5. Valuation of Open-Space Land Subject to an Enforceable Restriction |
Section 421.5.
Latest version.
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For purposes of this article, the following terms have the following meaning:
(a) "Agricultural conservation easement" shall have the same meaning as defined in Section 10211 of the Public Resources Code.
(b) "Open-space land" includes land subject to an agricultural conservation easement.
(Amended by Stats. 2002, Ch. 616, Sec. 37. Effective January 1, 2003.)