State Codes and Statutes

Statutes > Maryland > Economic-development > Title-12 > Subtitle-1 > 12-116

§ 12-116. Tax status.
 

The principal of and interest on bonds, the transfer of bonds, and any income derived from the bonds, including profits made in their sale or transfer, are forever exempt from State and local taxes. 
 

[An. Code 1957, art. 41, § 14-105; 2008, ch. 306, § 2.]   

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-12 > Subtitle-1 > 12-116

§ 12-116. Tax status.
 

The principal of and interest on bonds, the transfer of bonds, and any income derived from the bonds, including profits made in their sale or transfer, are forever exempt from State and local taxes. 
 

[An. Code 1957, art. 41, § 14-105; 2008, ch. 306, § 2.]   


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Economic-development > Title-12 > Subtitle-1 > 12-116

§ 12-116. Tax status.
 

The principal of and interest on bonds, the transfer of bonds, and any income derived from the bonds, including profits made in their sale or transfer, are forever exempt from State and local taxes. 
 

[An. Code 1957, art. 41, § 14-105; 2008, ch. 306, § 2.]