# Financial Institutions (GFI)

## Title 13. State-Operated Financial Programs

### Subtitle 10. Canal Place Preservation and Development Authority

#### Section 13-1027

The Authority is exempt:

(1) From the payment of taxes or assessments of any kind;

(2) Except as provided in Title 12, Subtitle 4 and Title 14, Subtitle 3 of the State Finance and Procurement Article, from the provisions of Division II of the State Finance and Procurement Article; and

(3) From the provisions of Division I of the State Personnel and Pensions Article that govern the State Personnel Management System.

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Md. Code Ann., Fin. Inst. (as displayed at mgaleg.maryland.gov, October 16, 2026)