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Gov. Code, § 64122 · Division 3. CALIFORNIA TRANSPORTATION FINANCING AUTHORITY

Gov. Code, § 64122

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Any bonds issued under this division, their transfer, and the income therefrom shall at all times be free from taxation of every kind by the state and by all political subdivisions in the state.

Notes and commentary — not statutory text

History

Added by Stats. 2009, Ch. 474, Sec. 1. (AB 798) Effective January 1, 2010.

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=64122.
Text hash
sha256 abfd4e7519f8037647758ca36fb21f730ff47b0f082932e208e8bbcbd8822899
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.