Maryland Statutes
§ 7-221
Maryland § 7-221
This text of Maryland § 7-221 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., Tax - Property § 7-221 (2026).
Text
(a)Personal property is not subject to valuation or to property tax, if the personal property is owned by:
(1)a financial institution as defined in § 8-101(c) of the Tax - General Article other than a savings and loan association as defined in § 7-221.1 of this subtitle; or
(2)a federal or State chartered credit union.
(b)This exemption does not include any personal property that is leased, loaned, or made available by the institution for the use of a person whose business is not that of the institution.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 7-221, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gtp/7-221.