California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 17. TOLL BRIDGES, TOLL FERRIES, AND TOLL ROADS |
Chapter 1. The California Toll Bridge Authority Act |
ARTICLE 8. Acquisition and Disposition of Property |
Section 30406.
Latest version.
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When the State, or any department or governmental agency thereof, acquires any existing toll bridge or the real or personal property used in connection therewith, such property and toll bridge shall continue to be subject to taxation by the county, political subdivision, and municipal corporation in which it is located, and the State shall pay to the county granting the franchise for the bridge such amounts as become due to the county for the franchise for the construction of the toll bridge.
(Added by Stats. 1947, Ch. 176.)