Md. Code, Economic Development § 12-116

Md. Code, Economic Development § 12-116
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The principal of and interest on bonds, the transfer of bonds, and any income derived from the bonds, including profits made in their sale or transfer, are forever exempt from State and local taxes.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec&section=12-116&enactments=falseFetched: 10/16/2026