California Law (Last Updated: March 4, 2014) |
Health and Safety Code - HSC |
Division 12. FIRES AND FIRE PROTECTION |
Part 2.7. FIRE PROTECTION DISTRICT LAW OF 1987 |
Chapter 9. General Obligation Bonds |
Section 13936.
Latest version.
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Any general obligation bonds issued by a district have the same force, value, and use as bonds issued by a city and the bonds and the interest on the bonds are exempt from all taxation within the State of California.
(Repealed and added by Stats. 1987, Ch. 1013, Sec. 11.)