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§ 13-831. Release or discharge of surety

West's Annotated Code of MarylandTax-General

West's Annotated Code of Maryland
Tax-General (Refs & Annos)
Title 13. Procedure (Refs & Annos)
Subtitle 8. Collections (Refs & Annos)
Part V. Security for Taxes (Refs & Annos)
MD Code, Tax - General, § 13-831
§ 13-831. Release or discharge of surety
Currentness
In general
(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.
Notice to person who posted bond
(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.

Credits

Added by Acts 1988, c. 2, § 1, eff. Jan. 1, 1989.
Formerly Art. 81, § 481.
MD Code, Tax - General, § 13-831, MD TAX GENERAL § 13-831
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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