<?xml version='1.0' encoding='utf-8'?>
<section article="ghs" article_name="Housing and Community Development" number="4-252" title_number="4" title_name="Division of Development Finance" subtitle_number="2" subtitle_name="Community Development Administration">
  <text>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:</text>
  <level label="1">
    <text>a bond or note that the Administration issues under this part;</text>
  </level>
  <level label="2">
    <text>the transfer of, interest payable on, or income derived from the bond or note; and</text>
  </level>
  <level label="3">
    <text>profit realized by the sale or exchange of the bond or note.</text>
  </level>
</section>
