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§ 13-1123. Bonds exempt from taxation

West's Annotated Code of MarylandFinancial Institutions

West's Annotated Code of Maryland
Financial Institutions
Title 13. State-Operated Financial Programs
Subtitle 11. Heritage Areas (Refs & Annos)
Part IV. Bonds
MD Code, Financial Institutions, § 13-1123
§ 13-1123. Bonds exempt from taxation
The bonds of the Authority, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, are exempt at all times from every kind of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies.

Credits

Added by Acts 1996, c. 601, § 1, eff. Oct. 1, 1996.
MD Code, Financial Institutions, § 13-1123, MD FIN INST § 13-1123
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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