Cal. Pub. Util. Code § 120701

Current through the 2023 Legislative Session.

Section 120701 - Exemption from taxation

All bonds and other evidences of indebtedness issued by the board under this chapter, and the interest thereon, are free and exempt from all taxation within the state, except for transfer, franchise, inheritance, and estate taxes.

Ca. Pub. Util. Code § 120701

Added by Stats. 1983, Ch. 599, Sec. 2.