Maryland Statutes

§ 1-1109

Maryland § 1-1109
JurisdictionMaryland
Article glgLocal Government
Title1

This text of Maryland § 1-1109 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., Local Government § 1-1109 (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 the sale or exchange of a bond are exempt from State and local taxes.
(b)A county or municipality may issue bonds without regard to the federal tax status of the bonds.

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Nearby Sections

15
§ 1-1001
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§ 1-1008
§ 1-1008
§ 1-1009
§ 1-1009
§ 1-101
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§ 1-1010
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§ 1-1101
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Bluebook (online)
Maryland § 1-1109, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/glg/1-1109.