Md. Code, Alco. Bev. § 28-1409

Current with changes from the 2024 Legislative Session

Section 28-1409 - Residency requirement for corporate stockholders

A license may not be issued for the use of a corporation unless the owners of at least 15% of the total stock of the corporation are residents in the county at the time the application for the license is filed.

Md. Code, AB § 28-1409

Amended by 2020 Md. Laws, Ch. 462, Sec. 1, eff. 7/1/2020.

Added by 2016 Md. Laws, Ch. 41, Sec. 2, eff. 7/1/2016.