Md. Code Ann., Educ. § 18-19B-06
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2024
As of January 1, 2019
(a) The Board, the Broker–Dealer Plan, and the investment accounts issued under this subtitle are not subject to the provisions of the Insurance Article.
(a) The Maryland 529 Program, the Broker–Dealer Plan, and the investment accounts issued under this subtitle are not subject to the provisions of the Insurance Article.
(b) The assets and income of the Maryland Broker–Dealer College Investment Plan are exempt from State and local taxation.
(b) The assets and income of the Maryland Broker–Dealer College Investment Plan are exempt from State and local taxation.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.