Section 12-301 - Definitions.
§ 12-301. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
Revisor's Note.
This subsection formerly was Art. 41, § 14-801(a).
No changes are made.
(b) Bond.- "Bond" means a bond, note, or other similar instrument that a political subdivision issues under this subtitle.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 41, § 14-801(c).
The former reference to "[b]onds" is deleted in light of the reference to a "bond" and Art. 1, § 8, which provides that the singular generally includes the plural. Correspondingly, the former reference to "instruments" is deleted.
Defined Terms.
"Political subdivision" § 12-301
(c) Chief executive.- "Chief executive" means the president, chair, mayor, county executive, or any other chief executive officer of a political subdivision.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 41, § 14-801(d).
The term "chief executive" is substituted for the former term "chief executive officer" for brevity.
The former phrase "however designated" is deleted in light of the reference to each "other" chief executive.
The former phrase "whether elected to the office or acting as such under law" is deleted as unnecessary.
Defined Terms.
"County" § 9-101
"Political subdivision" § 12-301
(d) Designated blighted area.- "Designated blighted area" means an area designated under § 12-303 of this subtitle.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 41, § 14-801(f).
The former reference to designation "by a local governing body by ordinance or administrative resolution" is deleted in light of the cross-reference to § 12-303 of this subtitle.
(e) Financed area.- "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.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 41, § 14-801(g).
The former reference to designation "by a local governing body by ordinance or administrative resolution" is deleted in light of the cross-reference to § 12-303 of this subtitle.
The former references to an "issue of bonds" are deleted in light of the definition of "bond" in this section.
Defined Terms.
"Bond" § 12-301
"Designated blighted area" § 12-301
(f) Political subdivision.- "Political subdivision" means a county or municipal corporation.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 41, § 14-801(h).
The defined term "political subdivision" is substituted for the former defined term "local governing body" for consistency within this title and article.
The former references to a county "of Maryland" and "the Mayor and City Council of Baltimore" are deleted in light of the definition of "county" in § 9-101 of this article.
In this subsection and throughout this subtitle, the references to a "municipal corporation" are substituted for the former references to a "municipality" to conform to Md. Constitution, Art. XI-E. Correspondingly, former Art. 41, § 14-801(i), which defined "municipality" as a "municipal corporation", is deleted.
Defined Terms.
"County" § 9-101
[An. Code 1957, art. 41, § 14-801(a), (c), (d), (f)-(h); 2008, ch. 306, § 2.]