California Revenue and Taxation Code

§ 11203

RTC § 11203 Effective Jul 31, 1995Div. 2 · Part 6 · Ch. 1

Statute text

(a)“Private railroad car” includes any railroad rolling stock intended for the transportation of any persons, commodity, or material, operated on the railroads of this state, which car is owned by a person other than a railroad or the National Railroad Passenger Corporation. The car’s Association of American Railroad’s, or successor organization’s, reporting mark shall be rebuttably presumed to be the mark of the car owner.

(b)“Private railroad car” does not include:

(1)Freight train or passenger train cars owned by railroad companies which are used or subject to use under the ordinary per diem agreement common to all railroads.

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Legislative history

Amended by Stats. 1995, Ch. 220, Sec. 1. Effective July 31, 1995.