Statute · California Health and Safety Code
Cal. Health & Safety Code § 51325 — General Provisions
Cal. Health & Safety Code § 51325
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Date
- 1982-04-09
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The primary purpose of this chapter is to meet the multifamily rental housing needs of persons and families of low or moderate income. The exercise of the powers granted by this division shall be in all respects for the benefit of the people of this state and for their health and welfare.…
Citator
Cal. Health & Safety Code § 51325 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.
The primary purpose of this chapter is to meet the multifamily rental housing needs of persons and families of low or moderate income. The exercise of the powers granted by this division shall be in all respects for the benefit of the people of this state and for their health and welfare. Therefore, any bonds issued by the agency, pursuant to this chapter, their transfer, and the income therefrom shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state, excepting inheritance and gift taxes.