California Legal Codes and Statutes

§ 89912

Added by Stats. 1993, Ch. 779, Sec. 6. Effective January 1, 1994.

All bonds, notes, borrowings, or other evidences of indebtedness of an auxiliary organization and interest thereon or income therefrom are exempt from all taxation in the state other than estate and generation skipping transfer taxes.

Cite this section

Cal. Educ. Code § 89912 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-8-california-state-university/part-55-california-state-university/chapter-7-auxiliary-organizations/article-1-general-provisions/section-89912

Other sections in Article 1 - General Provisions

§ 89900§ 89901§ 89902§ 89903§ 89904§ 89904.5§ 89904.6§ 89905§ 89905.5§ 89906§ 89907§ 89908§ 89909§ 89911§ 89912

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