All bonds and other evidences of indebtedness issued by the VTA under the provisions of this part, and the interest thereon, are free and exempt from all taxation within the State of California, except for transfer, franchise, inheritance, and estate taxes.
Cal. Pub. Util. Code § 100491
Miscellaneous
Known as the Santa Clara Valley Transportation Authority Act
The act spans §§ 100000–100619 (165 sections).
Amended by Stats. 2016, Ch. 381, Sec. 104
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.