Cal. Rev. & Tax. Code § 19120

Current through the 2023 Legislative Session.

Section 19120 - Interest on portion of amount erroneously refunded and recoverable by suit

Any portion of any amount that has been erroneously refunded and that is recoverable by suit pursuant to Section 19411 shall bear interest at the adjusted annual rate established pursuant to Section 19521 from the date of the payment of the refund. Abatement of interest under this section is governed by subdivision (c) of Section 19104.

Ca. Rev. and Tax. Code § 19120

Amended by Stats 2003 ch 455 (AB 1742),s 3, eff. 1/1/2004.

Added by Stats 2000 ch 863 (AB 2892), s 32, eff. 1/1/2001.