California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 23701v
Official textleginfo.legislature.ca.gov
# (a)
An organization of owners of manufactured homes or mobilehomes, who are tenants in a mobilehome park, formed for the purpose of purchasing the mobilehome park to convert it to condominium, stock cooperative, or other resident ownership interests.
# (b)
An organization shall not fail to meet the requirements of subdivision (a) merely because it manages, maintains, or cares for the mobilehome park it has purchased.
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