{"data":{"id":"us-md/md.-code-state-finance-and-procurement-8-118","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 8–118","heading":"","body":"(a) The Board shall exercise the powers and perform the duties that the General Assembly delegates to the Board in connection with:\n(1) the creation of State debt;\n(2) the determination of interest on and other terms and conditions of the State debt;\n(3) the preparation of State bonds that evidence the State debt;\n(4) notice of a sale of State bonds; and\n(5) the sale.\n(b) The Board shall exercise these powers and perform these duties in accordance with:\n(1) Article III, § 34 of the Maryland Constitution;\n(2) §§ 8-117 through 8-124 of this subtitle; and\n(3) the specific enabling act.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=8-118","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"b8ec32feb715e7be5d595d7500b08fc6ce0a00ffddf90639fb4292c5495bb1e6","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-8-117","next":"us-md/md.-code-state-finance-and-procurement-8-119"},"notice":"GroundRules: Original legal text. Not legal advice."}