Statute · California Education Code

Cal. Educ. Code § 89912 — General Provisions

Cal. Educ. Code § 89912

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
1994-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

All bonds, notes, borrowings, or other evidences of indebtedness of an auxiliary organization and interest thereon or income therefrom are exempt from all taxation in the state other than estate and generation skipping transfer taxes.

Citator

Cal. Educ. Code § 89912 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

All bonds, notes, borrowings, or other evidences of indebtedness of an auxiliary organization and interest thereon or income therefrom are exempt from all taxation in the state other than estate and generation skipping transfer taxes.