§ 6-112
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/md/insurance/6-112A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§6–112.
(a)Except for a property tax, a county or municipal corporation of the State may not impose a tax on a person subject to taxation under this subtitle.
(b)This section does not exempt shares of stock of a domestic corporation from the property tax and assessment merely because the shares are owned by a person subject to taxation under this subtitle.