Definitions

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    (a)    In this subtitle the following words have the meanings indicated.

    (b)    “Board” means the Board of Public Works.

    (c)    “Capital appreciation bond” means a State bond that accrues interest payable only on the date of maturity.

    (d)    “Enabling act” means a law that authorizes the creation of a general obligation debt of the State and the sale of State bonds to evidence that debt.

    (e)    “State bond” means a general obligation bond of the State.

    (f)    “State debt” means the general obligation debt of the State.


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