Maryland § 7-303
Full text of Maryland Maryland Code § 7-303, with citation guidance and answers to common questions.
§ 7-303.
(a) Except as provided in subsection (b) of this section, the Maryland estate tax does not apply to the transfer of personal property in an estate of a nonresident decedent, if, at the time of death, the decedent is a resident of a state or foreign country whose law, when the personal property is transferred:
(1) does not impose death taxes on the transfer of similar personal property of a resident of this State; or
(2) contains a reciprocal exemption from death taxes similar to the exemption allowed under this subsection.
(b) The exemption under subsection (a) of this section does not include a transfer of tangible personal property that has a taxable situs in this State.
Frequently Asked Questions About Maryland § 7-303
What does Maryland Code § 7-303 cover?
Section 7-303 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 § 7-303?
A common citation format is "Maryland Code § 7-303" (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 § 7-303 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.