Any bonds issued by a district have the same force, value, and use as bonds issued by a city and are exempt from all taxation within the State.
(Added by Stats. 1963, Ch. 156.)
Water Code § 71959, under Issuance and Terms.
Water Code § 71959
Any bonds issued by a district have the same force, value, and use as bonds issued by a city and are exempt from all taxation within the State.
(Added by Stats. 1963, Ch. 156.)