State Codes and Statutes
Statutes > Maryland > Tax-general > Title-13 > Subtitle-8 > 13-831§ 13-831. Release of surety.
(a) In general.- Except for a liability that has accrued or will accrue before the date of release or discharge, a surety is released and discharged from liability on a bond to the State 60 days after the surety submits to the tax collector a written request for release or discharge.
(b) Notice to person who posted bond.- On receipt of a written request from a surety for release and discharge, the tax collector promptly shall give the person who posted the bond notice that:
(1) the surety has asked to be released and discharged from liability on the bond; and
(2) a substitute security must be filed before the date on which the surety is released and discharged under subsection (a) of this section.
[An. Code 1957, art. 81, § 481; 1988, ch. 2, § 1.]
