# State Finance and Procurement (GSF)

## Title 8. Debt

### Subtitle 1. General Obligation Debt

#### Section 8-119

(a) By 1 or more resolutions, the Board may provide for the terms, conditions, security, issuance, sale, delivery, replacement, or payment of the State bonds authorized by an enabling act.

(b) Unless the enabling act provides otherwise, the Board shall use the procedures set forth in Sec.Sec. 8-117 through 8-124 of this subtitle for the issuance and sale of the State bonds.

---

Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)