(a) The Board, the Maryland ABLE Program, and the ABLE accounts issued under this subtitle are not subject to the provisions of the Insurance Article.
(b) The assets and income of the Maryland ABLE Program are exempt from State and local taxation.
Structure Maryland Statutes
Division III - Higher Education
Title 18 - Student Financial Assistance
Subtitle 19C - Maryland Able Program
Section 18-19C-01 - Definitions
Section 18-19C-02 - Program Established
Section 18-19C-03 - Operation of Program
Section 18-19C-04 - Participants; Distributions
Section 18-19C-05 - Program Not State Program; Commingling With Other Accounts
Section 18-19C-06 - Exclusions and Exemptions
Section 18-19C-07 - Attachment and Garnishment Not Permitted