(a) (1) There is a Maryland College Savings Bond Advisory Board. (2) The purpose of the Board is to advise the Board of Public Works on the issuance of college savings bonds authorized under § 8-123.3 of the State Finance and Procurement Article. (b) The Board shall consist of the following four members: (1) The State Treasurer; (2) The Secretary of Higher Education; and (3) Two members appointed by the Governor. (c) Factors to be considered in appointing members to the Board may include: (1) Experience, skill, or knowledge in the areas of public finance and investment banking; or (2) Experience in the field of higher education finance. (d) The Treasurer shall serve as chair of the Advisory Board.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.