§ 4–252
Statutes in effect as of October 1, 2026.
Md. Code Ann., Hous. & Cmty. Dev. § 4-252 (2026)
Title 4. Division of Development Finance
Subtitle 2. Community Development Administration
§ 4–252LinkCopy Citation
The following are exempt at all times from taxation of every kind and nature whatsoever by the State, a political subdivision, or a governmental unit of any kind:
(1)
a bond or note that the Administration issues under this part;
(2)
the transfer of, interest payable on, or income derived from the bond or note; and
(3)
profit realized by the sale or exchange of the bond or note.