Maryland Statutes
§ 9-114
Maryland § 9-114
This text of Maryland § 9-114 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 Government § 9-114 (2026).
Text
(a)The Director may require any lottery agent granted a license to post either an appropriate surety bond, irrevocable letter of credit, or cash security deposit in the amount that the regulations of the Agency set.
(b)(1) In lieu of a surety bond, irrevocable letter of credit, or cash security deposit, the Agency, at the discretion of the Director, may provide a blanket bond covering all or selected agents in accordance with the availability of bonds and the financial status of an individual or a corporation.
(2)A bond provided by the Agency shall be:
(i)provided at the agent’s expense; and
(ii)based upon a financial evaluation of the agent conducted by the Director.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 9-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gsg/9-114.