Maryland Statutes
§ 32-1405
(a)Except as provided in subsection (b) of this section, the Board may not issue a license to a corporation or limited liability company unless the individual qualifying under this article:
(1)is a registered voter, taxpayer, and resident of the county at the time of submission of the application; and
(2)owns at least 20% of the total issued capital stock of the corporation or 20% of the total interests of the limited liability company.
(b)This section does not affect a license that has already been issued.
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Nearby Sections
15
§ 32-1001
§ 32-1001§ 32-1001.1
§ 32-1001.1§ 32-1001.2
§ 32-1001.2§ 32-1001.3
§ 32-1001.3§ 32-1002
§ 32-1002§ 32-1003
§ 32-1003§ 32-1004
§ 32-1004§ 32-1005
§ 32-1005§ 32-101
§ 32-101§ 32-102
§ 32-102§ 32-103
§ 32-103§ 32-1101
§ 32-1101§ 32-1102
§ 32-1102§ 32-1103
§ 32-1103§ 32-1104
§ 32-1104