§ 1151
51 words·~1 min read·
/ca/revenue-and-taxation-code/1151A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Certificated aircraft shall be deemed to be situated in this state only to the extent that such aircraft are normally physically present within the state, whether in flight or on the ground. To determine such extent for purposes of property taxation, the allocation formula specified by Section 1152 shall be applied.