Is Cal. Rev. & Tax. Code § 24314 — Exclusions still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24314 — Exclusions

Cal. Rev. & Tax. Code § 24314

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 1986-07-15
Current through: Nov 2, 2026 (California Legislative Counsel)

The following phrase (or its substantial equivalent) in other codes or statutes does not exempt the gain or loss from the sale or transfer of bonds from the provisions of this part:

Citator

Cal. Rev. & Tax. Code § 24314 — Exclusions is in force in the current edition of the Code, and nothing recorded condemns it.

The following phrase (or its substantial equivalent) in other codes or statutes does not exempt the gain or loss from the sale or transfer of bonds from the provisions of this part:

“The issuance, transfer and interest income earned on any bonds issued by an agency (state or local) under this article (chapter, section, etc.) is exempt from taxation of every kind by any state or local entity.”