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Code · Maryland · Tax - General

§ 13-831

118 words·~1 min read·/md/tax-general/13-831

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§13–831.
(a)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)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.
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