California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 1. GENERAL EDUCATION CODE PROVISIONS |
Division 1. GENERAL EDUCATION CODE PROVISIONS |
Part 10. SCHOOL BONDS |
Chapter 12. State School Building Lease-Purchase Law of 1976 |
ARTICLE 2. Projects |
Section 17013.
Latest version.
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Title to all property acquired, constructed, or improved by the board and the revenues and income therefrom, is in the State of California. All such property, and the income therefrom are exempt from all taxation by the State of California or by any county, city and county, city, district, political subdivision or public corporation thereof.
(Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)