Section 13-826 - Form

The following securities are acceptable: (1) a bond issued by a surety company that is authorized to do business in the State and is approved by the State Insurance Commissioner as to solvency and responsibility; (2) cash in an amount that the tax collector approves; (3) marketable securities that the tax collector approves; or (4) for admissions and amusement tax, alcoholic beverage tax, boxing and wrestling tax, and tobacco tax, an irrevocable letter of credit: (i) in an amount that the Comptroller approves; and (ii) with a date certain for coverage during the collection period.