MARVIN MANDEL, Governor                                 525

FUNCTIONS, THE SERVICE IS EXEMPT FROM ANY PAYMENT OF
OR LIABILITY FOR ANY AND ALL ORDINARY OR SPECIAL
TAXES, WHETHER FEDERAL, STATE, OR LOCAL, NOW OR
HEREAFTER LEVIED OR IMPOSED, AND ANY ASSESSMENTS OR
OTHER GOVERNMENTAL CHARGES. THE BONDS AND NOTES OF
THE SERVICE ISSUED PURSUANT TO THE AUTHORITY OF THIS
SUBTITLE, THEIR TRANSFER, THE INTEREST PAYABLE
THEREON, AND ANY INCOME DERIVED THEREFROM, INCLUDING
ANY PROFIT REALIZED IN THE SALE OR EXCHANGE THEREOF,
AT ALL TIMES SHALL BE EXEMPT FROM TAXATION OF EVERY
KIND AND NATURE WHATSOEVER BY THE STATE, OR BY ANY OF
ITS POLITICAL SUBDIVISIONS, MUNICIPAL CORPORATIONS, OR
PUBLIC UNITS OF ANY KIND.

REVISOR'S NOTE: This section is new language
derived from Article 33B, section 22 of the
Code.

3-125. SERVICE NOT REQUIRED TO GIVE BOND OR SUFFER
LIENS.

THE SERVICE MAY NOT BE REQUIRED TO GIVE ANY BOND
AS SECURITY FOR COSTS, SUPERSEDEAS, OR ANY OTHER
SECURITY IN ANY SUIT OR ACTION BROUGHT BY OR AGAINST
IT, OR IN PROCEEDINGS TO WHICH IT MAY BE A PARTY IN
ANY COURT IN THE STATE. THE SERVICE MAY APPEAL TO A
COURT HAVING JURISDICTION WITHOUT BONDS, SUPERSEDEAS,
OR SECURITY OF ANY KIND. NO BUILDER'S, MATERIALMAN'S,
CONTRACTOR'S, LABORER'S, OR MECHANIC'S LIENS OF ANY
KIND OR CHARACTER MAY EVER ATTACH TO OR BECOME A LIEN
UPON ANY PROPERTY, REAL OR PERSONAL, BELONGING TO THE
SERVICE. NO ASSIGNMENT OF WAGES MAY BE BINDING UPON
OR RECOGNIZED BY THE SERVICE.

REVISOR'S NOTE: This section is new language
derived from Article 33B, section 23 of the
Code.

3-126. NOTICE OF LIEN CREATED IN FAVOR OF SERVICE.

(A) RECORDING AND INDEXING OF NOTICE OF LIEN
REQUIRED.—ANY LIEN CREATED IN FAVOR OF THE SERVICE
PURSUANT TO THIS SUBTITLE IS EFFECTIVE AGAINST THE
PERSON ON WHOSE PROPERTY THE LIEN EXISTS. HOWEVER,
THE LIEN IS NOT EFFECTIVE AGAINST ANT THIRD PARTY
UNLESS BRITTEN NOTICE OF THE LIEN IS RECORDED AND
INDEXED IN A PERMANENT RECORD MAINTAINED IN THE OFFICE
OF THE CLERK OF THE CIRCUIT COURT IN EACH COUNTY AND
THE CIRCUIT COURT OF BALTIMORE CITY IN WHICH THE
PROPERTY SUBJECT TO THE LIEN OR ANY PART OF IT IS
LOCATED.