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2017 Maryland Code
Transportation
Title 3 - Financing by Department
Subtitle 2 - Consolidated Transportation Bonds
§ 3-212. Exemption from taxation
Universal Citation: MD Transp Code § 3-212 (2017)
The bonds, notes, and other evidences of obligation issued under this subtitle, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies of any kind.
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