§ 11291
41 words·~1 min read·
/ca/revenue-and-taxation-code/11291A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The value of private railroad cars shall not include the car owner’s tools, shop equipment, materials, supplies, or other like items of personal property customarily kept or maintained at fixed locations for use in repairing, improving, servicing, or operating the cars.