California · Revenue and Taxation Code - RTC
RTC §31202: For purposes of this part, all of the following definitions shall apply: (a) “Heavy equipment property” means rental property of a qualified heavy equipment renter.
Read the full statutory text
For purposes of this part, all of the following definitions shall apply: (a) “Heavy equipment property” means rental property of a qualified heavy equipment renter. (b) “Qualified heavy equipment renter” means a renter that satisfies both of the following: (1) The principal business of the renter is the rental of heavy equipment property. (2) The renter is engaged in a line of business described in Code 532412 or 532310 of the North American Industry Classification System published by the United States Office of Management and Budget, 2012 edition.
Verify at the official source: California legislative text
Facing this? Know exactly what happens next.
MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.
This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.