(a) Except as provided in subsection (b) of this section, the Corporation is not required to pay taxes or assessments on its: (1) properties; (2) activities; or (3) revenue derived from its properties or activities. (b) If the Corporation sells or leases land or facilities to a private entity, the land or facilities shall be subject to real property taxes.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.