<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".14" citation="COMAR 29.04.05.14" title_num="29" subtitle_num="04" chapter_num="05" heading="Employer Bond or Insurance.">
  <paragraph num="A.">
    <text>In order to obtain a license, an applicant shall execute a fidelity bond as provided in §B of this regulation or maintain general liability insurance as provided §C of this regulation.</text>
  </paragraph>
  <paragraph num="B.">
    <text>Fidelity Bond.</text>
    <paragraph num="(1)">
      <text>The amount of the fidelity bond shall be at least $50,000.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The bond shall cover all individuals who are licensed to provide security system services, registered as security systems technicians, have access to circumventional information, or are applicants for a license or registration.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>If the fidelity bond is canceled, forfeited, or terminated by the surety, the:</text>
      <paragraph num="(a)">
        <text>Surety shall immediately notify the Secretary; and</text>
      </paragraph>
      <paragraph num="(b)">
        <text>Fidelity bond shall continue in effect until the Secretary is notified.</text>
      </paragraph>
    </paragraph>
  </paragraph>
  <paragraph num="C.">
    <text>General Liability Insurance.</text>
    <paragraph num="(1)">
      <text>The amount of the general liability insurance shall be at least $50,000.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>If the insurance is canceled, the insured shall immediately notify the Secretary.</text>
    </paragraph>
  </paragraph>
  <paragraph num="D.">
    <text>In addition to the penalties set forth in Regulation .18 of this chapter, a court of competent jurisdiction may enjoin the operation of an employer who violates the requirements of this chapter.</text>
  </paragraph>
</regulation>