Md. Code Regs. 10.34.22.08

Current through Register Vol. 51, No. 22, November 1, 2024

Section 10.34.22.08 - Due Diligence

Wholesale distributors having transactions with persons not licensed by the Board or not certified by a third party recognized by the Board shall have in place policies and procedures to perform due diligence on transactions that take place that include:

A. Verification of alternate licensure;

B. Verification of identity; and

C. Verification of recent inspections by a state or third party entity recognized by the Board.

Md. Code Regs. 10.34.22.08

Regulations .08 adopted effective March 28, 2005 (32:6 Md. R. 636)
Regulations .08 adopted effective April 7, 2008 (35:7 Md. R. 748)