Bonds issued under this subtitle, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies of any kind.
Structure Maryland Statutes
Title 3 - Financing by Department
Subtitle 5 - County Transportation Revenue Bonds
Section 3-502 - Purpose of Subtitle
Section 3-503 - Bonds Authorized
Section 3-505 - Bonds Are Investment Securities
Section 3-506 - Exemption From 8-206 and 8-208 of State Finance and Procurement Article
Section 3-507 - Interim Certificates and Temporary Bonds
Section 3-508 - Bond Anticipation Notes
Section 3-509 - Exemption From Taxation
Section 3-510 - Bonds Authorized by Trust Agreements
Section 3-511 - Consent of Instrumentality, Agency, or Unit of State Not Required
Section 3-512 - Provisions for Payment of Bonds
Section 3-514 - Participation of Counties
Section 3-515 - Determination of Amount; Subsequent Procedure
Section 3-516 - Requirements for Participation of Counties
Section 3-517 - Agreement Between Department and County
Section 3-518 - Borrowing of Proceeds; Agreements to Participate in Bond Issue; Payment Obligations