Code Section

Health and Safety Code - HSC

DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING [33000 - 37964]

  ( Heading of Division 24 amended by Stats. 1975, Ch. 1137. )
  

PART 10. HISTORICAL REHABILITATION [37600 - 37684]

  ( Part 10 added by Stats. 1976, Ch. 1345. )
  

CHAPTER 3. Bonds and Notes [37640 - 37650]
  ( Chapter 3 added by Stats. 1976, Ch. 1345. )

  
37650.  

The exercise of the powers granted by this part shall be in all respects for the benefit of the people of this state and for their health and welfare. Any bonds or notes issued under the provisions of this chapter, their transfer and the income therefrom, shall at all times be free from taxation of every kind by the state and by the municipalities and other political subdivisions of the state.

(Added by Stats. 1976, Ch. 1345.)