(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.
Maryland Legal Code