Cal. Government Code § 26407
Cal. Government Code § 26407
California · California Government Code · Status: effective
Cite this
- Citation
- Cal. Government Code § 26407, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/843115
- Permanent ID
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Full text
Title to all property acquired under this chapter and the revenue and income therefrom shall be in the name of the county. The title to such property and the revenue and income therefrom including any miscellaneous revenues, sinking funds, reserve funds and other such funds and the income therefrom pledged to the payment of and interest of any bonds issued hereunder is subject to the trusts created by this chapter in favor of the bondholders. All such property and the income therefrom is exempt from all taxation by the State or by the county or by any city and county, city, municipality, district, political subdivision or public corporation thereof. The management, operation and control of all projects acquired, constructed or completed by the board under this chapter shall be fixed in the board and the powers, rights, functions and duties of the board with respect thereto shall not be impaired or interfered with.