§ 7-223
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/md/financial-institutions/7-223A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§7–223.
A credit union share guaranty corporation that is a nonprofit corporation exempt from federal taxation under § 501(c)(6) of the Internal Revenue Code is exempt from all taxes imposed by the State or any of its subdivisions under:
(1)§§ 20–101, 20–104, 20–108, 20–113 through 20–127, 20–601, 20–603 through 20–609, 20–805, and 20–806, and Title 20, Subtitles 3 through 5 of the Local Government Article;
(2)Title 6, Subtitle 1 of the Insurance Article;
(3)The Tax – General Article; or
(4)The Tax – Property Article.