Revenue and Taxation Code section 24403

In the case of a building and loan association, organized and operating wholly or partly on a mutual plan, or a federal savings and loan association, organized and operating wholly or partly on a mutual plan, the return paid or credited on or apportioned to their withdrawable shares.

Source: Section 24403, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=24403.­ (updated Jan. 1, 1955; accessed Jun. 25, 2025).

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Verified:
Jun. 25, 2025

§ 24403's source at ca​.gov