Md. Code, Tax - General § 13-826
Md. Code, Tax - General § 13-826
in effectThe following securities are acceptable:
(1) a bond issued by a surety company that is authorized to do business in the State and is approved by the State Insurance Commissioner as to solvency and responsibility;
(2) cash in an amount that the tax collector approves;
(3) marketable securities that the tax collector approves; or
(4) for admissions and amusement tax, alcoholic beverage tax, boxing and wrestling tax, and tobacco tax, an irrevocable letter of credit:
(i) in an amount that the Comptroller approves; and
(ii) with a date certain for coverage during the collection period.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gtg§ion=13-826&enactments=falseFetched: 10/17/2026