The term “unrealized receivables,” as defined by Section 751(c) of the Internal Revenue Code, shall not include any of the following:
(a)Stock in certain foreign corporations, as described in…#
(a) Stock in certain foreign corporations, as described in Section 1248 of the Internal Revenue Code.
(b)Oil, gas, or geothermal property, described in Section…#
(b) Oil, gas, or geothermal property, described in Section 1254 of the Internal Revenue Code.
(Repealed and added by Stats. 1983, Ch. 488, Sec. 61. Effective July 28, 1983.)