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 [Repealed]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
Credits
Note: Authority cited: Section 19503, Revenue and Taxation Code. Reference: Section 24348, Revenue and Taxation Code.
History
Amendment filed 6-3-77; effective thirtieth day thereafter (Register 77, No. 23). For prior history, see Register 74, No. 48.
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 A Certificate of Compliance must be transmitted to OAL within 120 days or emergency language will be repealed on 6-9-86.
Certificate of Compliance transmitted to OAL 6-4-86 and filed 7-2-86 (Register 86, No. 27).
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).
Change without regulatory effect repealing section filed 12-2-2002 pursuant to section 100, title 1, California Code of Regulations (Register 2002, No. 49).
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