California § 24350 - Paragraphs (2), (3), and (4) of Section 24349(b) shall apply only in the case of
Full text of California Public Contract Code - PCC § 24350 — Paragraphs (2), (3), and (4) of Section 24349(b) shall apply only in the case of, with citation guidance and answers to common questions.
§ 24350. Paragraphs (2), (3), and (4) of Section 24349(b) shall apply only in the case of
Paragraphs (2), (3), and (4) of Section 24349(b) shall apply only in the case of property (other than intangible property) described in Section 24349(a) with a useful life of three years or moreâ (a) The construction, reconstruction, or erection of which is completed after December 31, 1958, and then only to that portion of the basis which is properly attributable to such construction, reconstruction, or erection after December 31, 1958; or (b) Acquired after December 31, 1958, if the original use of such property commences with the taxpayer and commences after such date.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24350
What does Public Contract Code - PCC § 24350 cover?
Section 24350 ("Paragraphs (2), (3), and (4) of Section 24349(b) shall apply only in the case of") 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 § 24350?
A common citation format is "Public Contract Code - PCC § 24350" (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 § 24350 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.