California Public Utilities Code
§ 120701
PUC § 120701Div. 11 · Ch. 6 · Art. 5
Statute text
View on leginfo.ca.govAll 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.
Legislative history
Added by Stats. 1983, Ch. 599, Sec. 2.