Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 11005.1 — Distribution of Proceeds

Cal. Rev. & Tax. Code § 11005.1

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) Any city or city and county may expend any money received by it pursuant to Section 11005 for:

Citator

Cal. Rev. & Tax. Code § 11005.1 — Distribution of Proceeds is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Any city or city and county may expend any money received by it pursuant to Section 11005 for:

(1) Planning, acquiring, constructing, operating, or maintaining a rapid transit system itself or jointly with one or more other cities, counties, cities and counties, or public rapid transit districts, agencies, or authorities; or

(2) Making contributions to any public rapid transit district, agency, or authority exercising jurisdiction within the city or city and county for use in planning, acquiring, constructing, operating, or maintaining a rapid transit system.

(b) A county may expend such money in making contributions to any city or public rapid transit district, agency, or authority within the county for use in planning, acquiring, constructing, operating, or maintaining a rapid transit system.