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Force, Value and Use of Bonds; Exemption From State Taxation.

Los Angeles Administrative Code § 6.774
in effect
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Sec. 6.774. Force, Value and Use of Bonds; Exemption From State Taxation. Any Debt issued by a District organized under the provisions of this Chapter are hereby given the same force, value and use as Debt issued by any municipality and shall be exempt from all taxation within the State. SECTION HISTORY Added by Ord. No. 177,051, Eff. 11-20-05.
Source: City of Los Angeles, Charter and Codes (American Legal Publishing, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/los_angeles/latest/laac/0-0-0-64495Fetched: 10/24/2026

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6.774 | Corpus