§ 8-101. Definitions

MD State Fin & Pro Code § 8-101 (2019) (N/A)
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(a)    In this subtitle the following words have the meanings indicated.

(b)    “Board” means the Board of Public Works.

(c)    “Capital appreciation bond” means a State bond that accrues interest payable only on the date of maturity.

(d)    “Enabling act” means a law that authorizes the creation of a general obligation debt of the State and the sale of State bonds to evidence that debt.

(e)    “State bond” means a general obligation bond of the State.

(f)    “State debt” means the general obligation debt of the State.

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