<?xml version='1.0' encoding='utf-8'?>
<section article="gsf" article_name="State Finance and Procurement" number="8-404" title_number="8" title_name="Debt" subtitle_number="4" subtitle_name="Capital Leases">
  <text>A capital lease authorized under this subtitle:</text>
  <level label="1">
    <text>shall be contingent on the availability of appropriated or other legally available funds, not including nonappropriated pension or retirement funds, that permit the timely payment of principal, interest, and other obligations, if any, imposed by the terms of the capital lease;</text>
  </level>
  <level label="2">
    <text>may not be construed or deemed to be a debt of the State or a unit of State government; and</text>
  </level>
  <level label="3">
    <text>may not constitute a pledge of the full faith and credit and taxing power of the State or a unit of State government.</text>
  </level>
</section>
