California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 5081
Official textleginfo.legislature.ca.gov
As used in this article, “exempt property” means:
# (a)
Property acquired by the United States that becomes exempt from taxation under the laws of the United States.
# (b)
Property acquired by the state or by a county, city, school district, or other public entity, that becomes exempt from taxation under the laws of the state.
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