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Code · Maryland · Alcoholic Beverages and Cannabis

§ 3-301

167 words·~1 min read·/md/alcoholic-beverages-and-cannabis/3-301·

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§3–301.
(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.
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