§ 120701
36 words·~1 min read·
/ca/public-utilities-code/120701A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.