§ 3-301

Maryland § 3-301

• Jurisdiction: Maryland
• Article gab: Alcoholic Beverages and Cannabis
• Title: 3

Text

(a) Subject to subsection (b) of this section, a license holder or a receiver or trustee for the benefit of creditors may:

(1) transfer the license holder’s place of business to some other location; or

(2) transfer the license and the license holder’s inventory to another person.

(b) A transfer under subsection (a) of this section may be made if:

(1) an application for the transfer has been made;

(2) all sales and use, amusement, admission, and withholding taxes have been paid to the Comptroller;

(3) a bulk transfer permit has been obtained if the inventory of alcoholic beverages is to be transferred:

(i) in any manner, including by sale, gift, inheritance, and assignment; and

(ii) regardless of whether consideration is paid; and

(4) the Executive Director approves the new location or license holder in the same way the Executive Director approves the issuance of a license.

(c) An applicant may apply for a transfer of location and a transfer of ownership in the same application.