California Statutes
§ 120701. — 120701. (Added by Stats. 1983, Ch. 599, Sec. 2.)
California·Code PUC Public Utilities Code - PUC·Div. 11. DIVISION 11. TRANSIT DEVELOPMENT BOARDS·Ch. 6. CHAPTER 6. Bonds and Other Evidences of Indebtedness·Art. 5. ARTICLE 5. Miscellaneous
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.
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California § 120701. (120701. (Added by Stats. 1983, Ch. 599, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1983, Ch. 599, Sec. 2.