Public Resources Code section 49177

Bonds and interest thereon shall be paid by revenue derived from an annual tax upon the property in the district, and all the property in the district shall be and remain liable to be taxed for those payments.

The bonds and the interest thereon shall not be taxable in this state.

Source: Section 49177, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PRC§ionNum=49177. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 49177’s source at ca.gov

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Location: https://california.public.law/codes/public_resources_code_section_49177

Original Source: Section 49177, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PRC§ionNum=49177. (last accessed Apr. 24, 2025).