7227. Any general obligation bonds issued by a district shall have the same force, value and use as bonds issued by any city and shall be exempt from all taxation within the State of California.(Added by Stats. 1959, Ch. 1598.)
California Legal Code
§ 7227
Source: https://leginfo.legislature.ca.gov/faces/codes_displayText.xhtml?lawCode=HNC&division=8.&title=&part=7.&chapter=6.&article=4.· Version 2026