Maryland Surety Bonds

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Required Surety Bonds in Maryland

Typical Maryland bonds include (click on any for more info):

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Required Surety Bonds in Maryland

All of the surety bonds issued in Maryland can be categorized as one of the following: construction and contractor bonds, license and permit bonds, or court bonds.

Maryland Construction & Contractor Bonds

Maryland’s version of the federal Miller Act requires contractors being awarded public works contracts valued over $100,000 to purchase both performance and payment bonds. There may be similar requirements for local public works projects.

Maryland License & Permit Bonds

The many professional boards and commissions of the Maryland Department of Labor, Division of Occupational and Professional Licensing issue licenses to people in a wide variety of trades. In many cases, purchasing a license or permit surety bond is a required step in the licensing process. Municipalities and counties may have their own local licensing and bonding requirements.

Maryland Court Bonds

Courts at every level of Maryland’s legal system can order certain individuals to obtain a surety bond. Specifically, an appeal bond can be required from plaintiffs or defendants appealing a court decision, especially when there is contested property or significant monetary damages at stake.

The other main type of court bond is a probate (fiduciary) bond. This type of bond is required from anyone being named to manage another party’s assets, such as the executor of an estate or the guardian of a minor.

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