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Session Laws, 1985
Volume 760, Page 900   View pdf image
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900

LAWS OF MARYLAND

Ch. 11

clarify that the report covers only revenues of the
State. This addition is nonsubstantive in light of the
phrase "from all sources", which encompasses federal
and other special funds.

Also in subsection (b)(1)(i) of this section, the
reference to a "fiscal year" is substituted for the
former reference to a "budgetary period", to
standardize the references in this article. This
substitution is based on § 2-101(b) of this article.

Subsection (b)(2) of this section is revised to state
expressly that the Governor sends the report to the
General Assembly.

As to the duties of the Secretary of Budget and Fiscal
Planning in connection with revenue estimates, see §
7-103 of this article.

Defined terms: "Board" § 6-101

"Bureau" § 6-101 "Includes";"including" § 1-101

SUBTITLE 2. STATE TREASURY.

PART I. DEFINITIONS; GENERAL PROVISIONS.

6-201. DEFINITIONS.

(A)  IN GENERAL.

IN THIS SUBTITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

REVISOR'S NOTE: This subsection is new language used as the
standard introductory language to a definition
section.

(B)  BANKING INSTITUTION.

"BANKING INSTITUTION" MEANS AN INSTITUTION THAT IS
INCORPORATED UNDER THE LAWS OF THE STATE AS A STATE BANK, TRUST
COMPANY, OR SAVINGS BANK.

REVISOR'S NOTE: This subsection is new language patterned
after present FI § l-101(d).

This new defined term is substituted for the former
references such as "bank or trust company", as those
former references related to institutions incorporated
under the laws of the State, to conform terminology.

(C)  COLLATERAL.

"COLLATERAL" MEANS COLLATERAL THAT IS LISTED UNDER § 6-202
OF THIS SUBTITLE.

 

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Session Laws, 1985
Volume 760, Page 900   View pdf image
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