Md. Code, State Finance and Procurement § 8-118
This is the official text of Md. Code, State Finance and Procurement § 8-118, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§8–118.
Official statutory text
(a) The Board shall exercise the powers and perform the duties that the General Assembly delegates to the Board in connection with:
(1) the creation of State debt;
(2) the determination of interest on and other terms and conditions of the State debt;
(3) the preparation of State bonds that evidence the State debt;
(4) notice of a sale of State bonds; and
(5) the sale.
(b) The Board shall exercise these powers and perform these duties in accordance with:
(1) Article III, § 34 of the Maryland Constitution;
(2) §§ 8-117 through 8-124 of this subtitle; and
(3) the specific enabling act.
(1) the creation of State debt;
(2) the determination of interest on and other terms and conditions of the State debt;
(3) the preparation of State bonds that evidence the State debt;
(4) notice of a sale of State bonds; and
(5) the sale.
(b) The Board shall exercise these powers and perform these duties in accordance with:
(1) Article III, § 34 of the Maryland Constitution;
(2) §§ 8-117 through 8-124 of this subtitle; and
(3) the specific enabling act.
Status: in_force · Read it on the official government site
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