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§ 19-811. Tax status

West's Annotated Code of MarylandLocal GovernmentEffective: October 1, 2013

West's Annotated Code of Maryland
Local Government (Refs & Annos)
Division IV. Local Finance [Titles 16-23] (Refs & Annos)
Title 19. Public Debt (Refs & Annos)
Subtitle 8. Creation of Public Debt--Financing Residential Mortgages in Cecil County (Refs & Annos)
Effective: October 1, 2013
MD Code, Local Government, § 19-811
Formerly cited as MD CODE, Art. 25, § 11D
§ 19-811. Tax status
The principal amount of the bonds issued under this subtitle, the transfer of the bonds, the interest payable on the bonds, and any income derived from the bonds, including profit realized in the sale or exchange of the bonds, are exempt from State and local taxes.

Credits

Added by Acts 2013, c. 119, § 2, eff. Oct. 1, 2013.
MD Code, Local Government, § 19-811, MD LOCAL GOVT § 19-811
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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