California § 23731 - Every organization or trust exempt under this chapter, except as provided in this
Full text of California Public Contract Code - PCC § 23731 — Every organization or trust exempt under this chapter, except as provided in this, with citation guidance and answers to common questions.
§ 23731. Every organization or trust exempt under this chapter, except as provided in this
Every organization or trust exempt under this chapter, except as provided in this article, is subject to the tax imposed upon its unrelated business taxable income, as defined in Section 23732, as follows: (a) Corporations (other than banks and financial corporations), associations, and business trusts are subject to the tax imposed under Section 23501. (b) Trusts are subject to the tax imposed by subdivision (e) of Section 17041. This section applies to taxable years beginning after December 31, 1970.
Frequently Asked Questions About California § 23731
What does Public Contract Code - PCC § 23731 cover?
Section 23731 ("Every organization or trust exempt under this chapter, except as provided in this") 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 § 23731?
A common citation format is "Public Contract Code - PCC § 23731" (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 § 23731 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.