The principal of and interest on bonds issued in accordance with this subtitle are exempt from State and local taxes.
Structure Maryland Statutes
Subtitle 5 - Creation of Public Debt -- Code Counties
Section 19-501 - "Public Local Law" Defined
Section 19-502 - Scope of Subtitle
Section 19-503 - Authority to Borrow Money and Issue Bonds
Section 19-504 - Procedures for Issuing Bonds
Section 19-505 - Limitations on Authority to Issue Bonds
Section 19-506 - Negotiability of Bonds
Section 19-507 - Tax Status of Bonds
Section 19-508 - Investment of Sinking Fund and Bond Proceeds
Section 19-509 - Liability for Bonds; Imposition of Taxes; Limits on Debt