All debentures and the income therefrom are at all times exempt from taxation in the State of California, except for transfer, inheritance, and gift taxes.
Cal. Mil. & Vet. Code § 1006.1
Miscellaneous
Known as the Veterans’ Revenue Debenture Act
The act spans §§ 1000–1006 (79 sections).
Added by Stats. 1970, Ch. 1488.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.