Section 723.1 Of Article 1. General Provisions From California Revenue And Taxation Code >> Division 1. >> Part 2. >> Chapter 4. >> Article 1.

. Operating nonunitary properties are those that the assessee and its regulatory agency consider to be operating as a unit, but the board considers not part of the unit in the primary function of the assessee. This section does not apply to state-assessed property of regulated railway companies. In the case of regulated railway companies, there shall be only two classifications of property for purposes of this code, unitary and nonunitary.