Section 1031 of the Internal Revenue Code, relating to exchange of property held for productive use or investment, shall apply, except as otherwise provided.
Cal. Rev. & Tax. Code § 24941
Nontaxable Exchanges
Amended by Stats. 1993, Ch. 877, Sec. 81
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.