§ 19-601. Definitions

MD Local Gov Code § 19-601 (2019) (N/A)
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(a)    In this part the following words have the meanings indicated.

(b)    “Authorizing resolution” means an administrative resolution adopted by the legislative body of a county.

(c)    “County” includes a combination of two or more counties that have entered into an agreement under this part.

(d)    (1)    “Note” means an evidence of indebtedness of a county issued under this part.

(2)    “Note” includes:

(i)    a bond;

(ii)    commercial paper;

(iii)    a refunding bond;

(iv)    a refunding note; and

(v)    any other obligation.

(e)    “State share”, with reference to a particular county on a particular date, means the aggregate amount of the anticipated State share of the costs of public school construction and capital improvements under § 5–303 of the Education Article that:

(1)    has been approved by the Board of Public Works; and

(2)    has not been advanced to the county.