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<section article="gsf" article_name="State Finance and Procurement" number="8-406" title_number="8" title_name="Debt" subtitle_number="4" subtitle_name="Capital Leases">
  <level label="a">
    <level label="1">
      <text>The State Treasurer may deposit the proceeds of a capital lease authorized under this subtitle in an escrow account or similar arrangement.</text>
    </level>
    <level label="2">
      <text>The proceeds may be withdrawn for the purpose of making payment due under the terms of the capital lease.</text>
    </level>
    <level label="3">
      <text>A withdrawal made under the provisions of this section shall be made in accordance with the terms of the individual contract.</text>
    </level>
  </level>
  <level label="b">
    <text>The State Treasurer may invest any unexpended proceeds held in escrow and the investment income on the proceeds in obligations authorized for the investment of State funds under § 6-222 of this article.</text>
  </level>
</section>
