Statute · California Public Utilities Code
Cal. Pub. Util. Code § 101266 — Taxation
Cal. Pub. Util. Code § 101266
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If, in the opinion of the board, the transit operation revenues will not be sufficient to pay for any and all lawful purposes of the district, the board shall fix the amount of money necessary to be raised by taxation for any such purpose or purposes and shall cause a tax to be levied therefor.
Citator
Cal. Pub. Util. Code § 101266 — Taxation is in force in the current edition of the Code, and nothing recorded condemns it.
If, in the opinion of the board, the transit operation revenues will not be sufficient to pay for any and all lawful purposes of the district, the board shall fix the amount of money necessary to be raised by taxation for any such purpose or purposes and shall cause a tax to be levied therefor.
Any tax so levied shall be subject to the limitations prescribed by Sections 101265 and 101267.