Cal. Health and Safety Code § 52085
Cal. Health and Safety Code § 52085
California · California Health and Safety Code · Status: effective · Effective 2002-03-11
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- Citation
- Cal. Health and Safety Code § 52085, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/870087
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Full text
The primary purpose of this chapter is to meet the multifamily rental housing needs of persons and families of low or moderate income. The exercise of the powers granted by this division shall be in all respects for the benefit of the people of this state and for their health and welfare. Therefore, any bonds issued by a city, county, or city and county pursuant to this chapter, their transfer, and the income therefrom shall at all times be free from taxation by the state or any political subdivision or other instrumentality of the state, excepting inheritance and gift taxes.