Maryland Code, Insurance § 10-301

(a) In this subtitle the following words have the meanings indicated.

(b) “Bail bond” means a written obligation of a defendant, with or without a surety or collateral security, that:

(c) “Bail bondsman” means an authorized insurance producer of a surety insurer.

(d) “Collateral security” means any property deposited, pledged, or encumbered to secure the performance of a bail bond.

(e) “License” means a license issued by the Commissioner to provide bail bondsman services.

(f) “Provide bail bondsman services” means to provide any service in the bail bondsman trade.

(h) “Surety insurer” means a person that, for compensation, directly or through an authorized insurance producer, acts as a surety on a bail bond.