Cal. Rev. & Tax. Code § 11291

Current through the 2023 Legislative Session.
Section 11291 - Exclusions from value

The value of private railroad cars shall not include the car owner's tools, shop equipment, materials, supplies, or other like items of personal property customarily kept or maintained at fixed locations for use in repairing, improving, servicing, or operating the cars.

Ca. Rev. and Tax. Code § 11291

Amended by Stats. 1995, Ch. 220, Sec. 5. Effective July 31, 1995.