All bonds, and the interest thereon, are exempt from all taxation by the State of California or any public corporation other than gift, inheritance and franchise taxes.
Cal. Gov. Code § 67583
Revenue Bonds
Known as the San Francisco Bay Area Transportation Terminal Authority Act
The act spans §§ 67500–67640 (100 sections).
Added by Stats. 1974, Ch. 1373.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.