# State Finance and Procurement (GSF)

## Title 17. Special Provisions -- State and Local Subdivisions

### Subtitle 1. Security for Construction Contracts

#### Section 17-105

(a) Security under this subtitle:

  (1) if required by the State or a unit of the State government, shall be payable to "the State of Maryland"; or

  (2) if required by any other public body, shall be payable to that public body.

(b) The form of payment security or performance security shall be approved:

  (1) for the State or a unit of the State government, by the Attorney General; and

  (2) for any other public body, by its attorney.

(c) The contractor shall file the security or evidence of a trust account established as security:

  (1) if payable to the State under this section, in the Office of the Comptroller; or

  (2) if payable to any other public body, in the appropriate office of that public body.

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Md. Code Ann., State Fin. & Proc. (as displayed at mgaleg.maryland.gov, October 16, 2026)