§1–1109.
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MD Code › Article glg › Title 1 › Subtitle 11 › Section 1-1109
This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.
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(a) A bond, the transfer of a bond, the interest payable on a bond, the income derived from a bond, and the profit realized on the sale or exchange of a bond are exempt from State and local taxes.
(b) A county or municipality may issue bonds without regard to the federal tax status of the bonds.
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