(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.
Maryland Legal Code