HERBERT R. O'CONOR, GOVERNOR. 1029

Thousand ($20, 000. 000) Dollars; provided further that any
person becoming a dealer, as heretofore defined, subsequent to
the effective date of this Act, or any dealer who has not paid
motor fuel taxes now imposed by law for the twelve months
next preceding the adoption of this Act, shall file a bond in the
minimum penalty of One Thousand ($1, 000. 00) Dollars. Such
bond shall be in such form as may be approved by the Comp-
troller, shall be executed by some Surety Company duly li-
censed to do business under the laws of the State of Maryland,
and be conditioned upon the prompt filing of true reports and
the payment of such dealer to the Comptroller of any and all
motor fuel taxes which are now or which hereafter may be
levied or imposed by the State of Maryland, together with any
and all penalties and interest thereon, and generally upon
faithful compliance with the provisions of this sub-title.

In the event that liability upon the bond thus filed by the
dealer with the Comptroller shall be discharged or reduced,
whether by judgement 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 unac-
ceptable, then the Comptroller may require the dealer to file a
new bond with satisfactory sureties in the same amount, fail-
ing which, the Comptroller shall forthwith cancel the license
certificate of said dealer. If such new bond shall be furnished
by said dealer as above provided, the Comptroller shall cancel
and surrender the bond of said dealer for which such new bond
shall be substituted.

In the event that upon hearing, of which the dealer shall
be given (5) days' notice in writing the Comptroller shall de-
cide that the amount of the existing bond is insufficient to
insure payment to the State of Maryland of the amount of
the motor fuel tax and any penalties and interest for which
said dealer is or may at any time become liable, then the deal-,
er shall forthwith, upon the written demand of the Comptrol-
ler file an additional bond in the same manner and form with
a Surety Company thereon, as hereinbefore provided, provided
however, that the total amount of any such additional bond
as well as the bond required under the provisions of the first
paragraph of this section, shall not exceed the maximum, of
Twenty Thousand ($20, 000. 00) Dollars, and the Comptroller
shall forthwith cancel the license certificate of any dealer
failing to file an additional bond as herein provided.

Any surety on any bond furnished by any dealer as above
provided shall be released and discharged from any and all
liability to the State of Maryland accruing on such bond after
the expiration of sixty (60) days from the date upon which
such surety shall have lodged with the Comptroller a written
request to be released and discharged. Provided, however,