§ 4-252. Tax-exempt status

MD House & Comm Dev Code § 4-252 (2019) (N/A)
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The following are exempt at all times from taxation of every kind and nature whatsoever by the State, a political subdivision, or a governmental unit of any kind:

(1)    a bond or note that the Administration issues under this part;

(2)    the transfer of, interest payable on, or income derived from the bond or note; and

(3)    profit realized by the sale or exchange of the bond or note.