§ 4-1206
130 words·~1 min read·
/md/alcoholic-beverages-and-cannabis/4-1206·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§4–1206.
(a)A local licensing board may issue a license to dispose of stock for a period not exceeding 10 consecutive days.
(1)A license holder may dispose of the license holder’s stock of alcoholic beverages if:
(i)the license has been canceled, revoked, or suspended;
(ii)renewal has been denied by the local licensing board; or
(iii)a renewal license has been granted by the local licensing board and a court on judicial review has reversed the local licensing board’s decision.
(2)A license holder that disposes of stock may sell the stock at retail or to a licensed wholesaler.
(3)A license does not authorize the license holder to purchase alcoholic beverages for resale.
(c)The fee for a license under this section is $5 per day.