Education Code § 89912

ARTICLE 1. General Provisions

Current as of September 28, 2026Ed. Code, § 89912Official source ↗

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

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.