Government Code section 54435

The bonds and interest or income from the bonds are exempt from taxation in this State, except from gift, inheritance, and estate taxes.

Source: Section 54435, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54435. (accessed Apr. 24, 2025).

Last Updated

Apr. 24, 2025

§ 54435’s source at ca.gov

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Location: https://california.public.law/codes/government_code_section_54435

Original Source: Section 54435, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54435. (last accessed Apr. 24, 2025).