(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.
Structure Maryland Statutes
Subtitle 1 - General Obligation Debt
Part III - Authorization and Implementation
Section 8-118 - General Powers and Duties of Board
Section 8-119 - Resolution of Board -- General Scope
Section 8-120 - Resolution of Board -- Specific Provisions
Section 8-121 - Resolution of Board -- Form of State Bonds
Section 8-122 - Resolution of Board -- Consolidated State and Local Facilities Loans
Section 8-122.1 - Use of Funds on Sale of Bonds
Section 8-123 - Public Sale of State Bonds
Section 8-123.1 - Sale of Capital Appreciation Bonds
Section 8-123.2 - Sale of Small Denomination Bonds
Section 8-123.3 - College Savings Bonds
Section 8-123.4 - Variable Interest Rate Bonds
Section 8-124 - General Obligation Bonds
Section 8-125 - State and Local Facilities Loan Fund
Section 8-126 - Reduction of Authorization
Section 8-127 - Restrictions on Use
Section 8-128 - Termination of Authorization
Section 8-129 - Unspent Proceeds
Section 8-130 - Adoption of Regulations