Section 92443 Of Article 2. Powers Of Regents From California Education Code >> Division 9. >> Title 3. >> Part 57. >> Chapter 5. >> Article 2.
92443
. Title to all property acquired by the regents, and the
revenues and income from such property, is in the regents. The title
to any moneys, revenues, sinking funds, reserve funds, and other
funds of the regents and the income from such moneys, revenues, and
funds pledged to the payment of the principal or interest or any
bonds issued thereunder is subject to trusts declared in favor of the
bondholders. All such property, including such property and
facilities belonging to the college affiliated with the University of
California pursuant to Section 92201, and the income from such
property are exempt from all taxation by the state or by any county,
city and county, city, district, political subdivision, or public
corporation of any such entity. The management, operation, and
control of all improvements acquired, constructed, or completed by
the regents are vested in the regents.