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Maryland Code — Tax-General + Tax-Property Articles

Md. Code Ann., Tax-Prop. § 7-221

§ 7-221

Official textmgaleg.maryland.gov

# (a)

Personal property is not subject to valuation or to property tax, if the personal property is owned by:

# (1)

a financial institution as defined in § 8-101(c) of the Tax - General Article other than a savings and loan association as defined in § 7-221.1 of this subtitle; or

# (2)

a federal or State chartered credit union.

# (b)

This exemption does not include any personal property that is leased, loaned, or made available by the institution for the use of a person whose business is not that of the institution.

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In this article (40 sections)
  1. gtp-7-204 · § 7-204
  2. gtp-7-205 · § 7-205
  3. gtp-7-206 · § 7-206
  4. gtp-7-207 · § 7-207
  5. gtp-7-208 · § 7-208
  6. gtp-7-209 · § 7-209
  7. gtp-7-210 · § 7-210
  8. gtp-7-211.1 · § 7-211.1
  9. gtp-7-211.2 · § 7-211.2
  10. gtp-7-211.3 · § 7-211.3
  11. gtp-7-211 · § 7-211
  12. gtp-7-212 · § 7-212
  13. gtp-7-214 · § 7-214
  14. gtp-7-215 · § 7-215
  15. gtp-7-216 · § 7-216
  16. gtp-7-217 · § 7-217
  17. gtp-7-218 · § 7-218
  18. gtp-7-219 · § 7-219
  19. gtp-7-220 · § 7-220
  20. gtp-7-221.1 · § 7-221.1
  21. gtp-7-221 · § 7-221
  22. gtp-7-222 · § 7-222
  23. gtp-7-223 · § 7-223
  24. gtp-7-224 · § 7-224
  25. gtp-7-225 · § 7-225
  26. gtp-7-226 · § 7-226
  27. gtp-7-227 · § 7-227
  28. gtp-7-229 · § 7-229
  29. gtp-7-230 · § 7-230
  30. gtp-7-231 · § 7-231
  31. gtp-7-232 · § 7-232
  32. gtp-7-233 · § 7-233
  33. gtp-7-234 · § 7-234
  34. gtp-7-235 · § 7-235
  35. gtp-7-236 · § 7-236
  36. gtp-7-237 · § 7-237
  37. gtp-7-238 · § 7-238
  38. gtp-7-239 · § 7-239
  39. gtp-7-240 · § 7-240
  40. gtp-7-241 · § 7-241
Full table of contents →