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The purpose of this subtitle is to codify the authority of the State Treasurer to enter into a capital lease agreement and to establish a method for financing a capital lease as defined in this subtitle.
Structure Maryland Statutes
Maryland Statutes
State Finance and Procurement
Division I - State Finance
Title 8 - Debt
Subtitle 4 - Capital Leases
Section 8-401 - Purpose
Section 8-402 - Definitions
Section 8-403 - Authority to Enter Into Capital Lease; Financing Request
Section 8-404 - Funding; Liability of State
Section 8-405 - Payments on Lease
Section 8-406 - Disposition of Lease Proceeds
Section 8-407 - Compliance With Internal Revenue Code; Exclusion of Interest From Gross Income