Md. Code Regs. 36.02.02.05

Current through Register Vol. 51, No. 26, December 27, 2024

Section 36.02.02.05 - Security

At the discretion of the Director and in the amount determined by the Director, an applicant or a retailer may be required to post:

A. A surety bond;

B. An irrevocable letter of credit;

C. A cash security deposit;

D. Lottery escrow deposit; or

E. Any other form of security deemed acceptable to the Director.

Md. Code Regs. 36.02.02.05

Effective date: 40:9 Md. R. 790, eff.5/13/2013 ; amended effective 46:1 Md. R. 13, eff. 1/14/2019