Maryland § 27-406.1
Full text of Maryland Maryland Code § 27-406.1, with citation guidance and answers to common questions.
§ 27-406.1.
(a) In this section, “individual surety” means a person that:
(1) issues surety bonds or contracts of surety insurance; and
(2) does not have a certificate of authority issued by the Commissioner.
(b) It is a fraudulent insurance act for an individual surety to solicit or issue a surety bond or contract of surety insurance except as provided in:
(1) §§ 13–207 and 17–104 of the State Finance and Procurement Article; and
(2) for an uncompensated person, §§ 5–203 and 5–204 of the Criminal Procedure Article.
Frequently Asked Questions About Maryland § 27-406.1
What does Maryland Code § 27-406.1 cover?
Section 27-406.1 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 27-406.1?
A common citation format is "Maryland Code § 27-406.1" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 27-406.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.