§4–252.

    The following are exempt at all times from taxation of every kind and nature whatsoever by the State, a political subdivision, or a governmental unit of any kind:

        (1)    a bond or note that the Administration issues under this part;

        (2)    the transfer of, interest payable on, or income derived from the bond or note; and

        (3)    profit realized by the sale or exchange of the bond or note.