All bonds and other evidences of indebtedness issued by the district 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.
Cal. Pub. Util. Code § 125715
Bonds and Other Evidences of Indebtedness
Amended by Stats. 2005, Ch. 150, Sec. 53
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.