BlackletterCalifornia law

Public Utilities Code § 125715

CHAPTER 6. Bonds and Other Evidences of Indebtedness

Current as of September 28, 2026Pub. Util. Code, § 125715Official source ↗

Amended by Stats. 2005, Ch. 150, Sec. 53. Effective January 1, 2006.

All bonds and other evidences of indebtedness issued by the district 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.