Public Utilities Code section 125715

All bonds and other evidences of indebtedness issued by the district under this chapter, and the interest thereon, are free and exempt from all taxation within the state, except for transfer, franchise, inheritance, and estate taxes.

Source: Section 125715, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=125715. (updated Jan. 1, 2006; accessed Nov. 24, 2025).

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Up to date

Verified:
Nov. 24, 2025

§ 125715's source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_125715

Original Source: Section 125715, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=125715. (last accessed May 12, 2025).