In this section, “individual surety” means a person that: issues surety bonds or contracts of surety insurance; and does not have a certificate of authority issued by the Commissioner. It is a fraudulent insurance act for an individual surety to solicit or issue a surety bond or contract of surety insurance except as provided in: §§ 13–207 and 17–104 of the State Finance and Procurement Article; and for an uncompensated person, §§ 5–203 and 5–204 of the Criminal Procedure Article.