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TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 8. CALIFORNIA STATE UNIVERSITY 89000-90520›PART 55. CALIFORNIA STATE UNIVERSITY 89000-90520›CHAPTER 7. Auxiliary Organizations 89900-89928›ARTICLE 1. General Provisions 89900-89912

§ 89912

California Education Code · 2018-11 edition · updated 2026-10-04 · California

All bonds, notes, borrowings, or other evidences of indebtedness of an auxiliary organization and interest thereon or income therefrom are exempt from all taxation in the state other than estate and generation skipping transfer taxes.

(Added by Stats. 1993, Ch. 779, Sec. 6. Effective January 1, 1994.)

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California Education Code

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