California Revenue and Taxation Code Section 203.1

CA Rev & Tax Code § 203.1 (2017)  

Personal property owned or used by a nonprofit corporation operating a student bookstore affiliated with an educational institution, as defined in Section 203, is, for purposes of this section, deemed property belonging to such educational institution and shall be exempt from taxation.

(Added by Stats. 1979, Ch. 588.)

Last modified: October 25, 2018