Revenue and Taxation Code section 24382

(a)

Section 216 of the Internal Revenue Code, relating to deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder, shall apply, except as otherwise provided.

(b)

Section 6282(b) of Public Law 100-647, relating to the effective date for distributions by cooperative housing corporations, shall apply.

Source: Section 24382, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=24382.­ (updated Oct. 6, 1993; accessed Jun. 9, 2025).

Last Updated

Oct. 6, 1993

§ 24382’s source at ca​.gov