§ 19–901
Statutes in effect as of October 1, 2026.
Md. Code Ann., Local Gov't § 19-901 (2026)
Title 19. Public Debt
Subtitle 9. Pension Liability Funding Bonds
§ 19–901LinkCopy Citation
(a)
In this subtitle the following words have the meanings indicated.
(b)
(1)
“Bond” means an obligation for the payment of money, by whatever name known or source of funds secured, issued by a governmental entity under general or special statutory authority.
(2)
“Bond” includes:
(i)
a bond;
(ii)
a certificate of indebtedness;
(iii)
an interim certificate; and
(iv)
a note.
(c)
“Pension liability funding bond” means a bond authorized to be issued under this subtitle.