Section 40301

Pub. Util. Code § 40301, under Property Taxation.

Pub. Util. Code § 40301

If, in the opinion of the board, the transit operation revenues will not be sufficient for any and all lawful purposes, the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.

(Added by Stats. 1974, Ch. 508.)