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Session Laws, 1985
Volume 760, Page 1805   View pdf image
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HARRY HUGHES, Governor                                      1805

PART I. DEFINITIONS; POLICY.
9-901. DEFINITIONS.

(A)  IN GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

REVISOR'S NOTE: This subsection formerly appeared as HE §
9-901(a).

No changes are made.

(B)  AUTHORITY.
"AUTHORITY" MEANS:

(1)  A BODY POLITIC AND CORPORATE THAT IS CREATED
UNDER THIS SUBTITLE; OR

(2)  IF THAT BODY IS ABOLISHED, THE UNIT THAT:

(I)  SUCCEEDS TO THE PRINCIPAL FUNCTIONS OF THAT
BODY; OR

(II)  IS GIVEN BY LAW THE POWERS UNDER THIS
SUBTITLE OF THE FORMER BODY.

REVISOR'S NOTE: This subsection formerly appeared as HE §
9-901(b).

In item (2) of this subsection, "unit" is substituted
for the former words "board", "body", and
"commission", for clarity.

The only other changes are in style.

(C)  BOARD.

"BOARD" MEANS THE GOVERNING BODY OF AN AUTHORITY.

REVISOR'S NOTE: This subsection formerly appeared as HE §
9-901(c).

No changes are made.

(D)  BOND.

(1)  "BOND" MEANS ANY NOTE, BOND, OR OTHER EVIDENCE OF
INDEBTEDNESS OR OBLIGATION THAT AN AUTHORITY MAY ISSUE UNDER §
9-932 OF THIS SUBTITLE.

(2)  "BOND" INCLUDES REFUNDING BONDS AND JOINT COST
AND REFUNDING BONDS.

 

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Session Laws, 1985
Volume 760, Page 1805   View pdf image
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