The bonds of the Authority, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, are exempt at all times from every kind of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies.
Structure Maryland Statutes
Title 13 - State-Operated Financial Programs
Section 13-1116 - Bonds Payable From Receipts of Authority
Section 13-1117 - Requirements of Bonds Issued
Section 13-1118 - Resolutions or Trust Agreements
Section 13-1119 - Pledge of Revenues as Security for Issue of Bonds
Section 13-1121 - Refunding Bonds
Section 13-1122 - Agreements to Enhance Marketability or to Provide Security; Investments in Bonds