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California Streets and Highways Code

§ 834

SHC § 834Div. 1 · Ch. 4 · Art. 5

Statute text

View on leginfo.ca.gov
No allowance of severance aid shall be made as provided in Section 831 unless the total assessed value of taxable real property within the water district is reduced by 2 percent or more during a fiscal year by reason of acquisitions giving rise to severance aid as provided in Section 831. In determining whether or not the value of such acquisitions is equal to 2 percent or more of the value of taxable real property, all such acquisitions made during each fiscal year shall be considered as one sum.

Legislative history

Added by Stats. 1971, Ch. 1410.

Source: California Streets and Highways Code § 834 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.