Section 8-118 - General powers and duties of Board(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(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.