{"data":{"id":"us-md/md.-code-state-finance-and-procurement-8-123.1","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 8–123.1","heading":"","body":"(a) In accordance with the authority to issue capital appreciation bonds under § 8-121 of this subtitle, the Board, in a resolution setting forth the terms and conditions of any State bond issue, may designate that all or a portion of the State bonds be issued as capital appreciation bonds.\n(b) The Board may sell the capital appreciation bonds at a negotiated sale if the Board determines that a negotiated sale will provide greater access to investors who are residents of the State of Maryland.","path":["Article - State Finance and Procurement"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf\u0026section=8-123.1","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"9224b8b6edf2fc5fa90d033d7240c71136951fc723b3d55034289e644add001a","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-8-123","next":"us-md/md.-code-state-finance-and-procurement-8-123.2"},"notice":"GroundRules: Original legal text. Not legal advice."}