<?xml version='1.0' encoding='utf-8'?>
<section article="gfi" article_name="Financial Institutions" number="7-223" title_number="7" title_name="Credit Union Share Insurance" subtitle_number="2" subtitle_name="Credit Union Share Guaranty Corporations">
  <text>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:</text>
  <level label="1">
    <text>§§ 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;</text>
  </level>
  <level label="2">
    <text>Title 6, Subtitle 1 of the Insurance Article;</text>
  </level>
  <level label="3">
    <text>The Tax – General Article; or</text>
  </level>
  <level label="4">
    <text>The Tax – Property Article.</text>
  </level>
</section>
