2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 12-301 - Definitions
§12-301.
(a) In this subtitle the following words have the meanings indicated.
(b) “Bond” means a bond, note, or other similar instrument that a political subdivision issues under this subtitle.
(c) “Chief executive” means the president, chair, mayor, county executive, or any other chief executive officer of a political subdivision.
(d) “Designated blighted area” means an area designated under § 12-303 of this subtitle.
(e) “Financed area” means the geographic portion of a designated blighted area for which the proceeds of a bond are to be used under § 12-303 of this subtitle.
(f) “Political subdivision” means a county or municipal corporation.
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
