Md. Code Ann., Tax-Gen. § 13-826 — § 13-826

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.