Md. Code, Tax - Property § 7-205

Md. Code, Tax - Property § 7-205
in effect
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Property that is owned by any nonprofit community water corporation is not subject to property tax if the corporation: (1) is owned by a majority of the lot owners in the area that the water system serves; and (2) charges a rate that is sufficient only to pay for the cost of operating the system.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtp&section=7-205&enactments=falseFetched: 10/17/2026

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