Md. Code, Local Gov't § 19-601

Current with changes from the 2024 Legislative Session
Section 19-601 - Definitions
(a) In this part the following words have the meanings indicated.
(b) "Authorizing resolution" means an administrative resolution adopted by the legislative body of a county.
(c) "County" includes a combination of two or more counties that have entered into an agreement under this part.
(d)
(1) "Note" means an evidence of indebtedness of a county issued under this part.
(2) "Note" includes:
(i) a bond;
(ii) commercial paper;
(iii) a refunding bond;
(iv) a refunding note; and
(v) any other obligation.
(e) "State share", with reference to a particular county on a particular date, means the aggregate amount of the anticipated State share of the costs of public school construction and capital improvements under § 5-303 of the Education Article that:
(1) has been approved by the Board of Public Works; and
(2) has not been advanced to the county.

Md. Code, LG § 19-601

Revised and recodified by 2013 Md. Laws, Ch. 119,Sec. 2, eff. 10/1/2013.