§ 7–223
Statutes in effect as of October 1, 2026.
Md. Code Ann., Fin. Inst. § 7-223 (2026)
Title 7. Credit Union Share Insurance
Subtitle 2. Credit Union Share Guaranty Corporations
§ 7–223LinkCopy Citation
A credit union share guaranty corporation that is a nonprofit corporation exempt from federal taxation under § 501(c)(6) of the Internal Revenue Code is exempt from all taxes imposed by the State or any of its subdivisions under:
(1)
§§ 20–101, 20–104, 20–108, 20–113 through 20–127, 20–601, 20–603 through 20–609, 20–805, and 20–806, and Title 20, Subtitles 3 through 5 of the Local Government Article;
(2)
Title 6, Subtitle 1 of the Insurance Article;
(3)
The Tax – General Article; or
(4)
The Tax – Property Article.