Cal. Rev. & Tax. Code § 861

Current through the 2023 Legislative Session.

Section 861 - Assessment of property which escaped assessment

If any property subject to assessment by the board pursuant to Section 19 of Article XIII of the Constitution escapes assessment, the board shall assess it in accordance with Section 864 at its value on the lien date of the year in which it escaped assessment.

Ca. Rev. and Tax. Code § 861

Added by Stats. 1977, Ch. 147.