Maryland Code > Economic Development > Division II > Title 10 > Subtitle 7 > § 10-711 Maryland Code, ECONOMIC DEVELOPMENT 10-711 Current as of: 2023 | Check for updates | Other versions Ask a legal question, get an answer ASAP!Click here to chat with a lawyer about your rights. Terms Used In Maryland Code, ECONOMIC DEVELOPMENT 10-711state: means : (1) a state, possession, territory, or commonwealth of the United States; or (2) the District of Columbia. See The Trust is exempt from taxation by the State and local governments. Previous sectionNext section Subtitle 7 Contents