California Public Utilities Code 30982 – All bonds and other evidences of indebtedness issued by the district …
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All bonds and other evidences of indebtedness issued by the district under the provisions of this part, and the interest thereon, are free and exempt from all taxation within the State of California, except for transfer, franchise, inheritance and estate taxes.
(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
Terms Used In California Public Utilities Code 30982
- District: as used in this part , means the Southern California Rapid Transit District. See California Public Utilities Code 30004
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17