US Lawyer Database

Section 8-123 – Public Sale of State Bonds

    (a)    Except as otherwise provided in this subtitle, the Board shall offer State bonds at a public sale.     (b)    (1)    At least 10 days before the date of a public sale, the Board shall give public notice of the sale.         (2)    The notice shall state the date, time, and place of the public sale.     (c)    (1)    Except as provided in paragraph […]

Section 8-117 – Enabling Acts

    (a)    The General Assembly may authorize the Board to:         (1)    borrow money for any public purpose; and         (2)    issue State bonds to evidence the debt.     (b)    An enabling act shall specify the total principal amount of the debt authorized by the enabling act.     (c)    An enabling act may take substantially the following form: “A BILL ENTITLED AN ACT concerning Creation […]