Ins. Code, § 10089.48 · Chapter 8.6. California Earthquake Authority

Ins. Code, § 10089.48

Verbatim from the official edition

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

Interest earned on any bonds issued by the authority shall at all times be free from state personal income tax and corporate income tax.

Notes and commentary — not statutory text

History

Added by Stats. 1995, Ch. 944, Sec. 2. Effective January 1, 1996.

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=INS&sectionNum=10089.48.
Text hash: sha256 7643ecdea3f4a9dbbf0de5a641ea6bbb7be322fb65bf601b1bf3f369f854f83f
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.