§ 7337
62 words·~1 min read·
/ca/revenue-and-taxation-code/7337·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Sale” means:
(a)The transfer of title to motor vehicle fuel (other than motor vehicle fuel in a terminal) to a buyer for consideration, which may consist of money, services, or other property.
(b)The transfer of the inventory position in the motor vehicle fuel in a terminal if the buyer becomes the position holder with respect to the motor vehicle fuel.