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2013 Maryland Code
HOUSING AND COMMUNITY DEVELOPMENT
§ 4-252 - Tax-exempt status


MD House & Comm Dev Code § 4-252 (2013) What's This?

§4-252.

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.

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