§ 20-101
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/md/education/20-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§20–101.
(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.