Md. Code Ann., State Fin. & Proc. § 8-101
Definitions
Effective Apr 12, 2005Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Amended by Acts 1989, c. 732, § 1, eff. June 1, 1989; Acts 2005, c. 25, § 13, eff. April 12, 2005.State of Maryland
- (a) In this subtitle the following words have the meanings indicated.
- (b) “Board” means the Board of Public Works.
- (c) “Capital appreciation bond” means a State bond that accrues interest payable only on the date of maturity.
- (d) “Enabling act” means a law that authorizes the creation of a general obligation debt of the State and the sale of State bonds to evidence that debt.
- (e) “State bond” means a general obligation bond of the State.
- (f) “State debt” means the general obligation debt of the State.
Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Amended by Acts 1989, c. 732, § 1, eff. June 1, 1989; Acts 2005, c. 25, § 13, eff. April 12, 2005.