§ 11401
52 words·~1 min read·
/ca/revenue-and-taxation-code/11401A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On or before October 1, the board shall levy upon private railroad cars assessed under this part, for each year, a tax computed at the next preceding year’s average rate of general property taxation in the state and shall enter the tax upon a record maintained by the board for that purpose.