§ 32-1405
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/md/alcoholic-beverages-and-cannabis/32-1405·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.