§ 3-509
59 words·~1 min read·
/md/transportation/3-509A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§3–509.
Bonds issued under this subtitle, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, shall be exempt at all times from every kind and nature of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies of any kind.