Support Letter for H.B. 885 “An Act concerning Fraudulent Insurance Acts – Individual Sureties – Contracts of Surety Insurance”

The National Association of Surety Bond Producers (NASBP) is a national trade organization of professional surety bond producers, whose membership includes businesses employing licensed surety bond producers placing bid, performance, and payment bonds in Maryland and elsewhere in the United States. NASBP appreciates the opportunity to provide the Economic Matters Committee with written testimony in support of H.B. 885.

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