The bonds of the Administration, their transfer, the interest payable thereon, and any income derived therefrom, including any profit realized in the sale or exchange thereof, shall at all times be exempt from taxation of every kind and nature whatsoever by the State of Maryland or by any of its political subdivisions, municipal corporations, or public agencies of any kind.
Structure Maryland Statutes
Title 9 - Water, Ice, and Sanitary Facilities
Subtitle 16 - Maryland Water Quality Financing Administration
Section 9-1604 - Express Powers
Section 9-1605 - Maryland Water Quality Revolving Loan Fund
Section 9-1605.1 - Maryland Drinking Water Revolving Loan Fund
Section 9-1605.2 - Bay Restoration Fund
Section 9-1605.3 - Chesapeake and Atlantic Coastal Bays Nonpoint Source Fund
Section 9-1606.1 - Linked Deposit Loans
Section 9-1608 - Validity of Signature; Negotiable Instruments; Public or Private Sale
Section 9-1609 - Refunding Outstanding Bonds
Section 9-1610 - Definitive Bonds, Interim Receipts, Temporary Bonds
Section 9-1611 - Trust Agreements
Section 9-1612 - Rights of Owner of Bonds or Trustee; Enforcing and Compelling Performance of Duties
Section 9-1613 - Bonds as Securities
Section 9-1614 - Payment of Bonds; Construction of Section; Loan Agreement for Wastewater Facility