BlackletterCalifornia law

Public Utilities Code § 120701

ARTICLE 5. Miscellaneous

Current as of September 28, 2026Pub. Util. Code, § 120701Official source ↗

Added by Stats. 1983, Ch. 599, Sec. 2.

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.