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Public Utilities Code § 40301

‹ § 40300§ 40302Open in browserleginfo ↗

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.)