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Maryland · Through 2026-01-01

Md. Code, State Finance and Procurement § 8–101

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  1. Article - State Finance and Procurement

(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.

Collected 2026-09-14T20:00:48Z. Source file · JSON

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