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Section 8-301 – Contract to Spend General Obligation Loan Proceeds

    (a)    Except as provided in subsection (b) of this section or in other law, a contract to spend the proceeds of a general obligation loan that has been authorized by any act of the General Assembly may not be executed until the Board of Public Works approves the contract.     (b)    (1)    Approval by the Board of Public Works […]

Section 8-302 – Bonds to Be Considered Investment Securities

    (a)    In this section, “bond” means an obligation of the State or of any of its units or instrumentalities.     (b)    If a bond otherwise complies with the requirements of the Commercial Law Article for investment securities, the bond shall be considered to be an investment security notwithstanding that:         (1)    the resolution or other authority under which the bond […]

Section 8-303 – Use of Appropriation for Reimbursement of Grant Recipient on or Before Effective Date of Enabling Act

    (a)    In this section, “enabling act” has the meaning stated in § 8–101 of this title.     (b)    (1)    Unless otherwise prohibited by law and subject to paragraph (2) of this subsection, an appropriation authorized by an enabling act may be used to reimburse a grant recipient for an expenditure incurred on or before the effective date of the […]

Section 8-304 – Annual Report on Deferred Maintenance — Information Included

    (a)    (1)    In this section the following words have the meanings indicated.         (2)    “Convention facility” has the meaning stated in § 10–601 of the Economic Development Article.         (3)    “Institution of higher education” has the meaning stated in § 10–101 of the Education Article.     (b)    This section applies to a convention facility and a facility at an institution of higher education […]