§ 19-227. Definitions  


Latest version.



  •    (a) In general. -- In this part the following words have the meanings indicated.

    ** REVISOR'S NOTE
     
       This subsection formerly was Art. 31, § 31(a)(1).

    ** REVISOR'S NOTE
     
       The only changes are in style.

    (b) Chief executive officer. -- "Chief executive officer" means the county executive, mayor, president, chairman, or similar official of a governmental entity.

    ** REVISOR'S NOTE
     
       This subsection is new language derived without substantive change from former Art. 31, § 31(a)(3).

    (c) Financial officer. -- "Financial officer" means the controller, the director of finance, or similar official of a governmental entity.

    ** REVISOR'S NOTE
     
        This subsection is new language derived without substantive change from former Art. 31, § 31(a)(5).

    (d) Internal Revenue Code. -- "Internal Revenue Code" means the Internal Revenue Code of 1986 and includes regulations and rulings issued under that Code.

    ** REVISOR'S NOTE
     
       This subsection is new language derived without substantive change from former Art. 31, § 31(a)(4).

    (e) Proceeds. --

       (1) "Proceeds" means money received from the sale of bonds.

       (2) "Proceeds" includes any money deemed to be proceeds of bonds under the Internal Revenue Code.

    ** REVISOR'S NOTE
     
       This subsection formerly was Art. 31, § 31(a)(7).

    ** REVISOR'S NOTE
     
       The only changes are in style.

    ** DEFINED TERMS:
     

       "Bond"                                                              § 19-201
     
       ** DEFINED TERMS:
     
       "Internal Revenue Code"                                             § 19-227



HISTORY: An. Code 1957, art. 31, § 31(a)(1), (3)-(5), (7); 2013, ch. 119, § 2.