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Session Laws, 1936 (Special Session 1)
Volume 577, Page 28   View pdf image (33K)
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28 LAWS OF MARYLAND. [CH. 10

Such bond shall be in such form as may be approved by the
Comptroller, shall be executed by a Surety Company, duly
authorized to do business in this State, and shall be con-
ditioned upon the prompt payment to the Comptroller of
any and all taxes due upon said sales or deliveries, together
with any and all penalties or interest. thereof, and gener-
ally upon the faithful compliance with the provisions of
this sub-title.

In the event that the beer tax paid to the Comptroller
in any one month shall exceed the amount of such bond,
such manufacturer or wholesaler shall, upon the written
demand of the Comptroller, file an additional bond in the
same manner and form with a Surety Company thereon as
hereinbefore provided, in an amount not less than the
amount of such excess, but the total amount of bond re-
quired of any manufacturer or wholesaler, including the
bond required under the preceding paragraph of this sec-
tion, shall in no case exceed the sum of twenty thousand
dollars ($20, 000. 00).

In the event that liability upon any such bond shall be
discharged or reduced, whether by judgment rendered,
payment made or otherwise, or if in the opinion of the
Comptroller any surety on the bond theretofore given shall
have become unsatisfactory or unacceptable, then the
Comptroller may require the filing of a new bond with sat-
isfactory sureties in the same amount, failing which the
Comptroller shall forthwith cancel the license certificate of
said manufacturer or wholesaler; if such new bond shall be
furnished as above provided, the Comptroller shall cancel
and surrender the bond for which such new bond shall be
substituted.

Any surety on any bond furnished hereunder shall be re-
leased and discharged from any and all liability to the
State of Maryland accruing on such bond after the expira-
tion of sixty days from the date upon which such surety
shall have lodged with the Comptroller, a written request
to be released and discharged, provided, however, that such
request shall not operate to release, relieve or discharge
such surety from any liability already accrued or which
shall accrue before the expiration of the said sixty-day pe-
riod. The Comptroller shall promptly on receipt of notice
of such request, notify the manufacturer or wholesaler who
furnished such bond, and unless such manufacturer or
wholesaler shall, on or before the expiration of such sixty-
day period, file with the Comptroller a new bond with a
Surety Company duly authorized to do business in this

 

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Session Laws, 1936 (Special Session 1)
Volume 577, Page 28   View pdf image (33K)
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