{"data":{"id":"us-md/md.-code-state-finance-and-procurement-8-120","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 8–120","heading":"","body":"By resolution, the Board may provide that the State bonds authorized by an enabling act:\n(1) be in 1 or more series;\n(2) bear a certain date of issue;\n(3) be executed in a certain manner;\n(4) be sold in a certain manner at public or private, negotiated sale;\n(5) be in certain denominations, not necessarily in equal paramounts;\n(6) mature in certain amounts at certain times, not necessarily in consecutive annual installments, but not later than 15 years after their respective dates of issue;\n(7) bear interest at certain rates or at rates to be determined in the manner stated in the resolution; and\n(8) be paid, as to principal and interest, at certain places.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=8-120","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"f3c5911af0183fd9107e6bbed78a4aa7b9a3d44843323696c08c05cc1497cc74","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-8-119","next":"us-md/md.-code-state-finance-and-procurement-8-121"},"notice":"GroundRules: Original legal text. Not legal advice."}