Maryland § 4-252
Full text of Maryland Maryland Code § 4-252, with citation guidance and answers to common questions.
§ 4-252.
The following are exempt at all times from taxation of every kind and nature whatsoever by the State, a political subdivision, or a governmental unit of any kind:
(1) a bond or note that the Administration issues under this part;
(2) the transfer of, interest payable on, or income derived from the bond or note; and
(3) profit realized by the sale or exchange of the bond or note.
Frequently Asked Questions About Maryland § 4-252
What does Maryland Code § 4-252 cover?
Section 4-252 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 § 4-252?
A common citation format is "Maryland Code § 4-252" (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 § 4-252 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.