Section 13-826 - Form. - Maryland Statutes

§ 13-826. Form.
 

The 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. 
 

[An. Code 1957, art. 2B, § 142; art. 56, § 141; art. 81, §§ 312, 313A, 340, 341, 391, 392, 408, 419, 436; 1988, ch. 2, § 1; ch. 569, § 1; 1994, ch. 692.]