A credit union share guaranty corporation that is a nonprofit corporation exempt from federal taxation under § 501(c)(6) of the Internal Revenue Code is exempt from all taxes imposed by the State or any of its subdivisions under: (1) §§ 20-101, 20-104, 20-108, 20-113 through 20-127, 20-601, 20- 603 through 20-609, 20-805, and 20-806, and Title 20, Subtitles 3 through 5 of the Local Government Article; (2) Title 6, Subtitle 1 of the Insurance Article; (3) The Tax - General Article; or (4) The Tax - Property Article.
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