If you are engaged in the hauling of special medical waste in Maryland, you are required under the Annotated Code of Maryland 7-249 thorough 7-252 of the Environmental Article to file a Maryland Special Medical Waste Haulers Certificate Bond as a condition of licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Maryland Special Medical Waste Haulers Certificate Bond holds you accountable for your business decisions.
By possessing a Maryland Special Medical Waste Haulers Certificate Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.