Health and Safety Code section 4796

Bonds and the interest thereon shall be paid by revenue derived from an annual tax upon the real property in the district, and all the real property in the district shall be and remain liable to be taxed for such payments. Said bonds and the interest thereon shall not be taxable in this State.

Source: Section 4796, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=HSC§ionNum=4796.­ (updated Jan. 1, 1939; accessed Jun. 30, 2025).

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Verified:
Jun. 30, 2025

§ 4796's source at ca​.gov