Md. Code Ann., Educ. § 20-101
Maryland College Savings Bond Advisory Board
Effective Apr 8, 2008Added by Acts 1991, c. 462, § 5, eff. July 1, 1992. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.State of Maryland
(a)
- (1) There is a Maryland College Savings Bond Advisory Board.
- (2) The purpose of the Board is to advise the Board of Public Works on the issuance of college savings bonds authorized under § 8-123.3 of the State Finance and Procurement Article.
(b) The Board shall consist of the following four members:
- (1) The State Treasurer;
- (2) The Secretary of Higher Education; and
- (3) Two members appointed by the Governor.
(c) Factors to be considered in appointing members to the Board may include:
- (1) Experience, skill, or knowledge in the areas of public finance and investment banking; or
- (2) Experience in the field of higher education finance.
- (d) The Treasurer shall serve as chair of the Advisory Board.
Added by Acts 1991, c. 462, § 5, eff. July 1, 1992. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.