Maryland Statutes
§ 9-957
(a)An authority is not required to pay any tax or assessment on:
(1)Any project; or
(2)The income from any project.
(b)This State, any political subdivision, and any other public agency in this State may not tax:
(1)Any bond that is issued under this subtitle;
(2)The transfer of the bond; or
(3)Any income from the bond, including any profit on the sale of the bond.
Free access — add to your briefcase to read the full text and ask questions with AI
Maryland § 9-957 — published by Counsel Stack Legal Research, free access to 12M+ legal documents.