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2021 Maryland Statutes
Education
Division III - Higher Education
Title 20 - Maryland College Savings Bond Advisory Board
Section 20-101 - Established; Purposes; Members; Chair

Universal Citation:
MD Education Code Ann. § 20-101 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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    (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.

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