§ 427
48 words·~1 min read·
/ca/revenue-and-taxation-code/427A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in this article shall prevent the board or the assessor, in valuing open-space land for assessment purposes from taking into consideration the existence of any mines, minerals and quarries in or upon the land being valued, including, but not limited to oil, gas, and other hydrocarbon substances.