Statute · California Public Utilities Code

Cal. Pub. Util. Code § 120701 — Miscellaneous

Cal. Pub. Util. Code § 120701

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

All bonds and other evidences of indebtedness issued by the board 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.

Citator

Cal. Pub. Util. Code § 120701 — Miscellaneous is in force in the current edition of the Code, and nothing recorded condemns it.

All bonds and other evidences of indebtedness issued by the board 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.