Md. Code, Local Government § 19-221
This is the official text of Md. Code, Local Government § 19-221, part of Maryland’s Code, Local Government — governs the powers and operations of Maryland counties and municipalities.
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§19–221.
Official statutory text
The following obligations are exempt from State and local taxation:
(1) a bond or grant anticipation note issued under this part;
(2) a bond issued to pay the notes issued under item (1) of this section; and
(3) the interest on the obligations.
(1) a bond or grant anticipation note issued under this part;
(2) a bond issued to pay the notes issued under item (1) of this section; and
(3) the interest on the obligations.
Status: in_force · Read it on the official government site
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