“Current taxes” means taxes which are a lien on property, but which are not included in “amount of defaulted taxes” except that, between a lien date and the time in the same calendar year when property is declared to be tax-defaulted, the taxes becoming a lien on this lien date in such calendar year are not yet “current taxes.”

(Amended by Stats. 1984, Ch. 988, Sec. 1.1. Effective September 11, 1984.)

Terms Used In California Revenue and Taxation Code 124

  • Lien: A claim against real or personal property in satisfaction of a debt.