California Education Code

§ 89912

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

EDC § 89912 Effective Jan 1, 1994Div. 8 · Title 3 · Part 55 · Ch. 7 · Art. 1

Statute text

View on leginfo.ca.gov

All bonds, notes, borrowings, or other evidences of indebtedness of an auxiliary organization and interest thereon or income therefrom are exempt from all taxation in the state other than estate and generation skipping transfer taxes.

Legislative history

Added by Stats. 1993, Ch. 779, Sec. 6. Effective January 1, 1994.