§ 13–826
Statutes in effect as of October 1, 2026.
Md. Code Ann., Tax-Gen. § 13-826 (2026)
Title 13. Procedure
Subtitle 8. Collections
§ 13–826LinkCopy Citation
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.