Maryland Wholesale Drug Distributors Bond

Published: Jun 28, 2011

HB 1195: Miscellaneous Bond – Wholesale Drug Distributors

Prior law required whole sale drug distributors to post a surety bond in the amount of $100,000 in connection with obtaining a permit. Under the new law the amount required will be based on the distributor’s annual gross receipts. This is required so that if such receipts in the previous tax year were $10 Million or more, a $100,000 bond is required. A $50,000 will be necessary if the receipt is less than $10 million.

Robin Kix

Robin Kix is currently the Renewal Department Manager. Since joining Lance Surety in 2014, she has helped thousands of businesses throughout the nation remain compliant at the federal, state and local level. She has significant experience supporting commercial bond lines, particularly in the automobile, transportation and construction industries. Robin and her team work together to create a positive customer service experience at the time of every policy renewal, whether that be finding the best pricing or offering additional assistance.

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About Lance Surety Bonds

Lance Surety Bond Associates, Inc. is a surety bond agency based out of southeastern Pennsylvania that is able to write all surety bond types in all 50 states. We are dedicated to servicing all of our customers' surety bonding needs throughout the country and guarantee competitive rates, timely responses, and unparalleled customer service.

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