§ 6-203. Tax exempt status
West's Annotated Code of MarylandFinancial Institutions
MD Code, Financial Institutions, § 6-203
§ 6-203. Tax exempt status
A credit union incorporated under the laws of this State, including its income, net worth, and other funds are exempt from all taxes imposed by this State or by any of its political subdivisions to the same extent as federal credit unions are exempt.
Credits
Added as Financial Institutions § 6-103 by Acts 1980, c. 33, § 2, eff. July 1, 1980. Renumbered as Financial Institutions § 6-203 and amended by Acts 2001, c. 147, § 1, eff. Oct. 1, 2001; Acts 2001, c. 148, § 1, eff. Oct. 1, 2001, eff. Oct. 1, 2001.
Formerly Art. 11, § 159.
MD Code, Financial Institutions, § 6-203, MD FIN INST § 6-203
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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