Skip to content

Chapter 3.5. Bank and Corporation Tax›Subchapter 7. Net Income›Article 1. Deductions

§ 24348(b). Bad Debt Deduction for Banks and Savings and Loan Associations. [Repealed]

California Code of Regulations, Title 18 — Division 3. Franchise Tax Board · 2026 edition · updated 2026-10-05 · California

Source: https://govt.westlaw.com/calregs/Document/IFEF839734C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

Credits

Note: Authority cited: Section 19503, Revenue and Taxation Code. Reference: Section 24348, Revenue and Taxation Code.

History

  1. Amendment filed 6-3-77; effective thirtieth day thereafter (Register 77, No. 23). For prior history, see Register 74, No. 48.

  2. Amendment of subsections (3) and (5) filed 2-7-86 as an emergency; effective upon filing (Register 86, No. 6). A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-9-86.

  3. Certificate of Compliance transmitted to OAL 6-4-86 and filed 7-2-86 (Register 86, No. 27).

  4. Change without regulatory effect amending subsection (3)(E) and Note filed 7-30-97 pursuant to section 100, title 1, California Code of Regulations (Register 97, No. 31).

  5. Change without regulatory effect repealing section filed 12-2-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 49).

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Code of Regulations, Title 18 — Division 3. Franchise Tax Board

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.