If you are engaged in the selling of sport license in Maryland, you are required uby the Maryland Department of Natural Resources Licensing and Registration Service to file a Maryland Sport License Agent 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 Sport License Agent Bond holds you accountable for your business decisions.
By possessing a Maryland Sport License Agent Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.