California § 25102 - In the case of two or more persons, as defined in Section 19 of this code, owned
Full text of California Public Contract Code - PCC § 25102 — In the case of two or more persons, as defined in Section 19 of this code, owned, with citation guidance and answers to common questions.
§ 25102. In the case of two or more persons, as defined in Section 19 of this code, owned
In the case of two or more persons, as defined in Section 19 of this code, owned or controlled directly or indirectly by the same interests, the Franchise Tax Board may permit or require the filing of a combined report and such other information as it deems necessary and is authorized to impose the tax due under this part as though the combined entire net income was that of one person, or to distribute, apportion, or allocate the gross income or deductions between or among such persons, if it determines that such consolidation, distribution, apportionment, or allocation is necessary in order to reflect the proper income of any such persons.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 25102
What does Public Contract Code - PCC § 25102 cover?
Section 25102 ("In the case of two or more persons, as defined in Section 19 of this code, owned") 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 § 25102?
A common citation format is "Public Contract Code - PCC § 25102" (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 § 25102 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.