California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 1. TRANSIT DISTRICTS IN COUNTIES OF ALAMEDA OR CONTRA COSTA |
Chapter 6. Powers and Functions of District |
ARTICLE 8. Taxation |
Section 25901.
Latest version.
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Whenever any real property situate in any district which has availed itself of the provisions of Section 25896 has been sold for taxes and has been redeemed, the money paid for redemption shall be apportioned and paid to the district by the county treasurers receiving it in the proportion which the tax due to the district bears to the total tax for which the property was sold.
(Added by Stats. 1955, Ch. 1036.)