{"data":{"id":"us-md/md.-code-state-finance-and-procurement-8-123.2","jurisdiction":"us-md","citation":"Md. Code, State Finance and Procurement § 8–123.2","heading":"","body":"(a) In this section, “small denomination bonds” means bonds in denominations of $5,000 or less.\n(b) In accordance with § 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 small denomination bonds.\n(c) Small denomination bonds may be issued in any form permitted under § 8-121 of this subtitle.\n(d) The Board may sell small denomination bonds at a negotiated sale if the Board determines that a negotiated sale will:\n(1) result in either a more efficient or economical sale of the bonds; or\n(2) 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=8-123.2","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T20:00:48Z","sha256":"260873218b66ecc4689ba0c906a389d6797aaab988f4754261bd99ce007debb2","source_id":"us-md","stale":false,"prev":"us-md/md.-code-state-finance-and-procurement-8-123.1","next":"us-md/md.-code-state-finance-and-procurement-8-123.3"},"notice":"GroundRules: Original legal text. Not legal advice."}