§ 20-101

(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.