Maryland Statutes
Subtitle 14 - Applications for Licenses
Section 27-1404 - Required Statement

(a)    In this section, “controlling interest” means the ownership or control of sufficient shares or interest in a business to allow for an exercise of control over that business.
    (b)    An applicant for a license shall:
        (1)    include a statement in the application that the applicant is at least 21 years old; and
        (2)    submit an affidavit verifying the application.
    (c)    (1)    Except as provided in paragraph (2) of this subsection, a license holder shall meet all requirements of the respective licenses.
        (2)    The term “financial interest” as used in § 4–109(a)(11), (13), and (16) of this article refers to an applicant who is the owner of a controlling interest in a place of business for which a license has been applied for or issued.

Structure Maryland Statutes