Statute · California Government Code

Cal. Gov't Code § 53595.50 — Collateralized Borrowing

Cal. Gov't Code § 53595.50

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1993-10-08
Current through
Nov 2, 2026 (California Legislative Counsel)

Any debt instruments issued under this article, their transfer, and in the income therefrom shall at all times be free from taxation of every kind by the state and by all municipalities and political subdivisions in the state.

Citator

Cal. Gov't Code § 53595.50 — Collateralized Borrowing is in force in the current edition of the Code, and nothing recorded condemns it.

Any debt instruments issued under this article, their transfer, and in the income therefrom shall at all times be free from taxation of every kind by the state and by all municipalities and political subdivisions in the state.