As used in this chapter, the following terms shall have the following meaning unless the context otherwise requires: (a) âBoardâ means the state board, department, or agency authorized by that act to request the committee to cause bonds to be issued for the purpose of creating a fund that is to be expended by the board for the purposes specified in that act. (b) âBondâ means a state general obligation bond issued pursuant to an act adopting the provisions of this chapter. (c) âBond actâ means the act authorizing the issuance of state general obligation bonds and adopting this chapter by reference. (d) âCommitteeâ means the finance committee or other body created by that act and authorized to cause bonds to be issued by the adoption of a resolution or resolutions. (e) âFundâ means the fund created by that act, and into which the proceeds from the sale of the bonds are paid. (f) âTenderâ means a term of a bond that gives the holder the right to have the bond purchased from the holder at a predetermined price prior to maturity.
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