{"data":{"id":"us-md/md.-code-insurance-10-301","jurisdiction":"us-md","citation":"Md. Code, Insurance § 10–301","heading":"","body":"(a) In this subtitle the following words have the meanings indicated.\n(b) “Bail bond” means a written obligation of a defendant, with or without a surety or collateral security, that:\n(1) is conditioned on the appearance of the defendant as required; and\n(2) provides for the payment of a penal sum according to its terms.\n(c) “Bail bondsman” means an authorized insurance producer of a surety insurer.\n(d) “Collateral security” means any property deposited, pledged, or encumbered to secure the performance of a bail bond.\n(e) “License” means a license issued by the Commissioner to provide bail bondsman services.\n(f) “Provide bail bondsman services” means to provide any service in the bail bondsman trade.\n(g) (1) “Surety” means a person, other than the defendant, that guarantees the appearance of the defendant by executing a bail bond.\n(2) “Surety” includes an uncompensated or accommodation surety.\n(h) “Surety insurer” means a person that, for compensation, directly or through an authorized insurance producer, acts as a surety on a bail bond.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=10-301","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"ba6880dbc5b822b26580af2a6d26ca6d15db8a4a8205c7e2530094148020df35","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-10-215","next":"us-md/md.-code-insurance-10-302"},"notice":"GroundRules: Original legal text. Not legal advice."}
