Section 7337 - "Sale" defined"Sale" means:
(a) The transfer of title to motor vehicle fuel (other than motor vehicle fuel in a terminal) to a buyer for consideration, which may consist of money, services, or other property.(b) The transfer of the inventory position in the motor vehicle fuel in a terminal if the buyer becomes the position holder with respect to the motor vehicle fuel.Ca. Rev. and Tax. Code § 7337
Added by Stats 2000 ch 1053 (AB 2114), s 2, eff. 1/1/2001.Amended by Stats 2001 ch 429 (AB 309), s 15, eff. 10/2/2001.