2020 Maryland Statutes
Tax - General
Title 13 - Procedure
Subtitle 8 - Collections
Part V - Security for Taxes
Section 13-826 - Form

Universal Citation:
MD. Tax - General Code Ann. § 13-826 (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official 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.

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