Maryland Statutes
§ 12-309
Maryland § 12-309
This text of Maryland § 12-309 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Economic Development § 12-309 (2026).
Text
(a)A bond, the transfer of a bond, the interest payable on a bond, the income derived from a bond, and the profit realized on sale or exchange of a bond are exempt from State and local taxes.
(b)A political subdivision may issue bonds under this subtitle without regard to their federal tax status.
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Bluebook (online)
Maryland § 12-309, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gec/12-309.