As used in this chapter, the following terms shall have the following meaning unless the context otherwise requires:
- (a) “Board” means the state board, department, or agency authorized by that act to request the committee to cause bonds to be issued for the purpose of creating a fund that is to be expended by the board for the purposes specified in that act.
- (b) “Bond” means a state general obligation bond issued pursuant to an act adopting the provisions of this chapter.
- (c) “Bond act” means the act authorizing the issuance of state general obligation bonds and adopting this chapter by reference.
- (d) “Committee” means the finance committee or other body created by that act and authorized to cause bonds to be issued by the adoption of a resolution or resolutions.
- (e) “Fund” means the fund created by that act, and into which the proceeds from the sale of the bonds are paid.
- (f) “Tender” means a term of a bond that gives the holder the right to have the bond purchased from the holder at a predetermined price prior to maturity.