§ 6360
77 words·~1 min read·
/ca/revenue-and-taxation-code/6360A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any organization formed and operated for charitable purposes and qualifying for the welfare exemption from property taxation under Section 214 is a consumer of, and shall not be considered a retailer within the provisions of this part with respect to bracelets designed to commemorate American prisoners of war, which it distributes, whether or not a contribution is made to such organization, where the profits are used solely and exclusively in furtherance of the purposes of such organization.