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§ 53361 — California Law | CourtGPT
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  6. Division 2 - Cities, Counties, and Other Agencies/
  7. Part 1 - Powers and Duties Common to Cities, Counties, and Other Agencies/
  8. Chapter 2.5 - the Mello-roos Community Facilities Act of 1982/
  9. Article 5 - Bonds/
  10. § 53361
California Legal Code

§ 53361

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53361. Any bonds issued by a district organized under the provisions of this chapter 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.(Added by Stats. 1982, Ch. 1451, Sec. 1.)