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Cal. Rev. & Tax. Code § 4714

Alternative Method of Distribution of Tax Levies and Collections and of Tax Sale Proceeds

Added by Stats. 1949, Ch. 1370.

Taxing agencies for which the county levies and collects taxes but for which the county treasury is not the legal depositary may be limited in their withdrawals from the county treasury to amounts proportionate with actual tax collections by the county within their taxing areas.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.