The bonds of an authority are issued for an essential public and governmental purpose, and, together with interest thereon and income therefrom, are exempt from all taxes.
(Added by Stats. 1953, Ch. 93.)
Health & Safety Code § 34402, under Tax Exemption of Housing Authority Property.
Health & Safety Code § 34402
The bonds of an authority are issued for an essential public and governmental purpose, and, together with interest thereon and income therefrom, are exempt from all taxes.
(Added by Stats. 1953, Ch. 93.)