(a) The Board, the Broker–Dealer Plan, and the investment accounts issued under this subtitle are not subject to the provisions of the Insurance Article.
(b) The assets and income of the Maryland Broker–Dealer College Investment Plan are exempt from State and local taxation.
Structure Maryland Statutes
Division III - Higher Education
Title 18 - Student Financial Assistance
Subtitle 19B - Maryland Broker-Dealer College Investment Plan
Section 18-19B-01 - Definitions
Section 18-19B-02 - Maryland Broker-Dealer College Investment Plan
Section 18-19B-03 - Proposals, Fees, Contributions, and Forms of Plan
Section 18-19B-04 - Participation; Distributions
Section 18-19B-05 - Debts, Contracts, and Obligations
Section 18-19B-06 - Exemption From Other Provisions
Section 18-19B-07 - Attachment, Execution, Garnishment, Seizure of Benefits