Maryland § 11-214.1
Full text of Maryland Maryland Code § 11-214.1, with citation guidance and answers to common questions.
§ 11-214.1.
(a) In this section:
(1) “precious metal bullion or coins” means:
(i) any precious metal that has gone through a refining process and is in a state or condition such that its value depends on its precious metal content and not on its form; or
(ii) except as provided in paragraph (2) of this subsection, monetized bullion, coins, or other forms of money that:
1. are manufactured from precious metals; and
2. are or have in the past been used as a medium of exchange under the laws of the State, the United States, or a foreign nation; and
(2) “precious metal bullion or coins” does not include jewelry or a work of art made of precious metal bullion or coins.
(b) The sales and use tax does not apply to a sale of precious metal bullion or coins if:
(1) the sale price is greater than $1,000; and
(2) the sale occurs at the Baltimore Convention Center.
Frequently Asked Questions About Maryland § 11-214.1
What does Maryland Code § 11-214.1 cover?
Section 11-214.1 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 11-214.1?
A common citation format is "Maryland Code § 11-214.1" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 11-214.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.