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California Law (Last Updated: March 4, 2014) |
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Education Code - EDC |
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Title 3. POSTSECONDARY EDUCATION |
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Division 7. COMMUNITY COLLEGES |
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Part 49. COMMUNITY COLLEGES, EDUCATION FACILITIES |
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Chapter 2. Property: Sale,Lease, Use, Gift, and Exchange |
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ARTICLE 3. Leasing School Buildings |
Section 81347.
Latest version.
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All such bonds, notes, warrants or other evidences of indebtedness referred to in Section 81346 and the interest thereon are exempt from all taxation in the state other than inheritance, gift and franchise taxes.
(Enacted by Stats. 1976, Ch. 1010.)