 |
Unannotated Code of Maryland (Last Updated: May 16, 2014) |
 |
LOCAL GOVERNMENT |
|
DIVISION IV. LOCAL FINANCE |
|
TITLE 17. INVESTMENT BY LOCAL GOVERNMENT |
|
SUBTITLE 3. INVESTMENT POOLS |
|
PART I. LOCAL GOVERNMENT INVESTMENT POOL |
§ 17-301. Definitions
Latest version.
-
(a) In general. -- In this part the following words have the meanings indicated.
** REVISOR'S NOTE
This subsection formerly was Art. 95, § 22G(a)(1)(i).
** REVISOR'S NOTE
The only changes are in style.
(b) Authorized participant. -- "Authorized participant" means:
(1) the governing body of each county or municipality;
(2) a county board of education;
(3) the governing body of each road, drainage, improvement, construction, or soil conservation district or commission in the State;
(4) the Upper Potomac River Commission;
(5) any other political subdivision or body politic and corporate of the State;
(6) a local government insurance pool formed under Title 19, Subtitle 6 of the Insurance Article; or
(7) on approval of the State Treasurer, a unit of State government or an entity created by the State if the funds of the unit or entity are not State money over which the Treasurer has investment authority.
** REVISOR'S NOTE
This subsection formerly was Art. 95, § 22G(a)(1)(ii).
** DEFINED TERMS:
"County" § 1-101
** DEFINED TERMS:
"Governing body" § 1-101
** DEFINED TERMS:
"Municipality" § 1-101
** DEFINED TERMS:
"State" § 1-101
**
(c) Pool. -- "Pool" means the Local Government Investment Pool.
REVISOR'S NOTE
This subsection formerly was Art. 95, § 22G(a)(1)(iii).
REVISOR'S NOTE
The only changes are in style.