California § 52039 - Any property or interests in property held by or on behalf of a city or county pu
Full text of California Public Contract Code - PCC § 52039 — Any property or interests in property held by or on behalf of a city or county pu, with citation guidance and answers to common questions.
§ 52039. Any property or interests in property held by or on behalf of a city or county pu
Any property or interests in property held by or on behalf of a city or county pursuant to the provisions of this part and any bonds issued under the provisions of this part, their transfer and the income therefrom, shall at all times be free from taxation of every kind by the state and city or county, or other political subdivision of the state, except inheritance and gift taxes.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 52039
What does Public Contract Code - PCC § 52039 cover?
Section 52039 ("Any property or interests in property held by or on behalf of a city or county pu") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 52039?
A common citation format is "Public Contract Code - PCC § 52039" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 52039 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.