Section 74951 Of Chapter 5. Negotiable Promissory Notes From California Water Code >> Division 21. >> Part 6. >> Chapter 5.
74951
. "Taxable property," as used in Section 74950, means:
(a) All lands and improvements within a district or improvement
district, as the case may be, if the provisions of Section 74056 were
complied with in the formation of the district or district within
which the improvement district is created.
(b) All lands and improvements within an improvement district if
the basis of taxation in the improvement district has been changed
pursuant to Section 75151 from land to land and improvements.
(c) Land only within any district or improvement district not
mentioned in subdivision (a) or (b) of this section.