Ch. 2

LAWS OF MARYLAND

first clause of (2), the first and third sentences of
§ 312(p)(l), the first and third clauses of the sixth
sentence of § 313A(c), the first and third clauses of
the first sentence of §. 340, the first and third
clauses of the first sentence of § 391, the first
clause of the first sentence of § 419, and the first
and third clauses of the first sentence of § 436.

In subsections (a), (d), and (g) of this section, the
former references to the purpose of the security are
deleted as unnecessary in light of § 13-824 of this
subtitle.

In subsections (a) and (d) of this section, the former
references to the Comptroller's "agent" are deleted as
included in the defined term "Comptroller".

In subsection (a) of this section, the clause "whose
gross receipts are subject to admissions and amusement
tax" is added for clarity.

In subsection (g) of this section, the former
references to a determination in the Comptroller's
"discretion" are deleted as surplusage.

Defined terms: "Admissions and amusement tax" § 1-101

"Alcoholic beverage tax" § 1-101

"Boxing and wrestling tax" § 1-101

"Comptroller" § 1-101 "Income tax" § 1-101

"Motor carrier tax" § 1-101

"Motor fuel tax" § 1-101 "Person" § 1-101

"Sales and use tax" § 1-101

"Tax collector" § 13-101 "Tobacco tax" § 1-101

13-826. FORM.

THE FOLLOWING SECURITIES ARE ACCEPTABLE:

(1) A BOND ISSUED BY A SURETY COMPANY THAT IS
AUTHORIZED TO DO BUSINESS IN THE STATE AND IS APPROVED BY THE
STATE INSURANCE COMMISSIONER AS TO SOLVENCY AND RESPONSIBILITY;

APPROVES;

(2) CASH IN AN AMOUNT THAT THE TAX COLLECTOR

(3)

APPROVES; OR

MARKETABLE SECURITIES THAT THE TAX COLLECTOR

(4) FOR    THE ADMISSIONS AND AMUSEMENT TAX, AN

IRREVOCABLE LETTER    OF CREDIT IN AN AMOUNT THAT THE COMPTROLLER

APPROVES AND WITH    A DATE CERTAIN FOR COVERAGE DURING THE
COLLECTION PERIOD.

REVISOR'S NOTE: This section is new language that, in part,
repeats the provisions of present Art. 56, § 113 that

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