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Md. Code, State Finance and Procurement § 8-101

This is the official text of Md. Code, State Finance and Procurement § 8-101, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.

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§8–101.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.