Cal. Public Resources Code § 13118
Cal. Public Resources Code § 13118
California · California Public Resources Code · Status: effective
Cite this
- Citation
- Cal. Public Resources Code § 13118, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/902233
- Permanent ID
ys:prov:902233@1- SHA-256
87bb1da8e1f33ed5af7a7f71b226fe6164a7e8101320d35d023b959b730dc2d4
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Any bonds issued by any area organized under this division are hereby given the same force, value, and use as bonds issued by any municipality and shall be exempt from all taxation within the state.
All bonds issued by any area payable from taxes are legal investments for all trust funds, for the trust funds of all insurance companies, the state school funds, and any funds that may be invested in bonds of cities, counties, cities and counties, school districts, or municipalities in the state.