California § 215.5 - All personal property owned or leased by a nonprofit corporation, which does not
Full text of California Public Contract Code - PCC § 215.5 — All personal property owned or leased by a nonprofit corporation, which does not, with citation guidance and answers to common questions.
§ 215.5. All personal property owned or leased by a nonprofit corporation, which does not
All personal property owned or leased by a nonprofit corporation, which does not accept advertising for a consideration and is engaged exclusively in the production of programs for educational television, and all personal property owned or leased by a nonprofit educational organization, which is engaged exclusively in the production of programs as a noncommercial educational FM or AM broadcast station, shall be exempt from taxation, if such personal property is used solely and exclusively for the purposes of such organization or corporation and no part of the corporationâs or organizationâs net earnings inure to the benefit of any private shareholder or individual.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 215.5
What does Public Contract Code - PCC § 215.5 cover?
Section 215.5 ("All personal property owned or leased by a nonprofit corporation, which does not") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 215.5?
A common citation format is "Public Contract Code - PCC § 215.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 215.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.