§ 3.24.100. Allocation of assets between spouses.

A.

The tax imposed pursuant to this chapter shall not apply to any deed, instrument or writing which transfers, divides or allocates community, quasi-community or quasi-marital property assets between spouses for purposes of effecting a division of the same, which is required by a judgment decreeing a dissolution or legal separation, by a judgment of nullity or by any other judgment or order rendered pursuant to the Family Code, or by a written agreement between the spouses, executed in contemplation of any such judgment or order, whether or not it is incorporated as part of any such judgment or order.

B.

In order to qualify for the exemption provided in subsection A, the deed, instrument or writing shall include a written recital, signed by either spouse, stating that it is entitled to the exemption.

(Ord. No. 13-01, § 6, 5-7-2013)

Editor's note

Ord. No. 13-01, § 6, adopted May 7, 2013, in effect repealed the former § 3.24.100, and enacted a new § 3.24.100 as set out herein. The former § 3.24.100 pertained to unused stamps—repurchase and derived from Ord. No. 379, 1967 and Ord. No. 379-A, 1968.