Section 13-826 - Form. - Maryland Statutes

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Statutes > Maryland > Tax-general > Title-13 > Subtitle-8 > 13-826

§ 13-826. Form.

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.

[An. Code 1957, art. 2B, § 142; art. 56, § 141; art. 81, §§ 312, 313A, 340, 341, 391, 392, 408, 419, 436; 1988, ch. 2, § 1; ch. 569, § 1; 1994, ch. 692.]

State Codes and Statutes

Statutes > Maryland > Tax-general > Title-13 > Subtitle-8 > 13-826

§ 13-826. Form.

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.

[An. Code 1957, art. 2B, § 142; art. 56, § 141; art. 81, §§ 312, 313A, 340, 341, 391, 392, 408, 419, 436; 1988, ch. 2, § 1; ch. 569, § 1; 1994, ch. 692.]

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State Codes and Statutes

Statutes > Maryland > Tax-general > Title-13 > Subtitle-8 > 13-826

§ 13-826. Form.

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.

[An. Code 1957, art. 2B, § 142; art. 56, § 141; art. 81, §§ 312, 313A, 340, 341, 391, 392, 408, 419, 436; 1988, ch. 2, § 1; ch. 569, § 1; 1994, ch. 692.]