Skip to content

DIVISION 9. EXPENDITURE LIMITATIONS 7900-7914›PART 1. GENERAL 36501-36525›CHAPTER 5.5. Water Research and Development 54280-54281›ARTICLE 4. Provisions Relating to Bonds 54400-54435

§ 54435

California Government Code · 2026-09 edition · updated 2026-09-27 · California

The bonds and interest or income from the bonds are exempt from taxation in this State, except from gift, inheritance, and estate taxes.

(Added by Stats. 1949, Ch. 81.)


Retrieved: 2026-09-24T17:56:50.388070+00:00

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸Contents — California Government Code

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.