EXECUTIVE ORDERS

(d) The proposed principal amount of the Transaction; and

(e) Any other information which the Department may request.

This notice shall be in addition to any notice required under other provisions of
law or regulation.

(4) Beginning July 1, 1989, following a Transaction, a State Agency or an
Independent Authority shall forward to the Department a copy of the final official
statement or any other information which the Department may request.

(5) At the end of each fiscal year, beginning July 1, 1989, the Department
shall report to the General Assembly and the Board on the Transactions and the level
of outstanding debt of all State Agencies and Independent Authorities, pursuant to
Section 2-1312 of the State Government Article.

(6) Unless otherwise noted, the ceiling, allocation, and reporting
requirements under this Executive Order shall commence with the fiscal year 1991
budget.

E. Financial Services and Technical Assistance.

(1) Upon recommendation of the Governor, the Board may delegate to the
Treasurer procurement of any financial services and technical assistance required in
connection with the issuance of State Agency Debt, but the fees for such services shall
be paid from the proceeds of the Transaction or other funds as provided in the Budget
for that State Agency.

(2) At the request of the Governor, the Treasurer may issue State Agency
Debt on behalf of a State Agency.

F. Compliance with Executive Order.

(1) The Secretary may waive or extend any deadlines for action under this
Executive Order, other than any action to be taken by the Governor. Any waiver or
extension shall be in writing.

(2) At the request of any State Agency, the Secretary shall certify as of the
date of such certification with respect to:

(a) The Allocation of the Ceiling to such State Agency and its
continuing effect; and

(b) The fact that the total Allocations do not exceed the Ceiling.

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