A credit union incorporated under the laws of this State, including its income, net worth, and other funds are exempt from all taxes imposed by this State or by any of its political subdivisions to the same extent as federal credit unions are exempt.
Md. Code Ann., Fin. Inst. § 6-203
Known as the Maryland Credit Union Act
The act spans §§ 6–6 (90 sections).
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.