Maryland Statutes
§ 17-102
Maryland § 17-102
This text of Maryland § 17-102 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., State Finance and Procurement § 17-102 (2026).
Text
(a)This subtitle does not limit the authority of a public body to require performance security in addition to, or in cases other than, those specified under §§ 17-103, 17-104, 17-106, and 17-107 of this subtitle.
(b)This subtitle applies only to security for a construction contract.
(c)(1) By ordinance, Baltimore City may provide for a program to satisfy the bonding requirements under §§ 17-103, 17-104, 17-106, and 17-107 of this subtitle with respect to any construction contract:
(i)that does not exceed $200,000; and
(ii)for which State money is not used.
(2)The program shall provide for payment security of at least 50% of the total amount payable under the contract.
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Bluebook (online)
Maryland § 17-102, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gsf/17-102.