Home/Maryland/Statutes/Article glg: Local Government/Title: 1/§ 1-1109
Maryland Statutes

§ 1-1109

Maryland·Article glg Local Government·Title 1
(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

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§ 1-1001
§ 1-1001
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§ 1-1005
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§ 1-1010
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§ 1-1101
§ 1-1101
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