Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 36. Maryland State Lottery and Gaming Control Agency |
Subtitle 07. INSTANT BINGO MACHINES IN ANNE ARUNDEL AND CALVERT COUNTIES |
Chapter 36.07.02. Application and Licensing |
Sec. 36.07.02.10. Bonds
Latest version.
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A. The Commission may require an applicant or licensee to obtain a bond before the Commission issues or reissues a license.
B. A bond shall be for the benefit of the State for the faithful performance of the requirements imposed by Maryland Criminal Law Article, §12-301.1, Annotated Code of Maryland, and any regulations issued under that section.
C. The Commission may not issue or reissue a license unless it has received satisfactory proof of a bond.
D. The Commission may apply a bond to the payment of an unpaid liability of the applicant or licensee.