# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 09 — Small Business Surety Bond Guaranty Program

#### Regulation .02 Objective.

*COMAR 24.05.09.02*

The basic objective of the Program is to guaranty surety bonds to sureties licensed to do business in Maryland to enable small Maryland businesses to obtain the bid, payment, and performance surety bonds necessary to perform local, State, and federal government and public utility contracts.