GroundRules
RTC § 38561
Where this section sits in the code
- Revenue and Taxation Code - RTC
- DIVISION 2. OTHER TAXES [6001. - 61050.]
- PART 18.5. TIMBER YIELD TAX [38101. - 38908.]
- CHAPTER 6. Collection of Taxes [38501. - 38578.]
- ARTICLE 7. Payment on Termination of Business and Successor’s Liability [38561. - 38565.]
If any person liable for any amount under this part sells out his or her business or quits the business, the person’s successors or assigns shall withhold sufficient of the purchase price to cover the amount until the former owner produces a receipt from the board showing that it has been paid or a certificate stating that no amount is due.
Collected 2026-09-14T05:56:33Z. Source file · JSON