§ 8–101
Statutes in effect as of October 1, 2026.
Md. Code Ann., State Fin. & Proc. § 8-101 (2026)
Title 8. Debt
Subtitle 1. General Obligation Debt
§ 8–101LinkCopy Citation
(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.