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Maryland Code, Local Government § 19-601

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Local Government § 19-601 - last updated January 01, 2025 | https://codes.findlaw.com/md/local-government/md-code-local-govt-sect-19-601/

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