Maryland Statutes
Subtitle 14 - Applications for Licenses
Section 33-1402 - Application on Behalf of Corporation or Limited Liability Company

(a)    This section does not apply to:
        (1)    a license holder of a license issued before May 1, 1977; and
        (2)    an applicant for a Class B beer, wine, and liquor license.
    (b)    (1)    Except as provided in subsection (a) of this section, a license on behalf of a corporation or limited liability company may be issued only if the following requirements are met.
        (2)    At least one applicant shall:
            (i)    be a registered voter, taxpayer, and resident of the county; and
            (ii)    own at least 10% of the total issued capital stock of the corporation or 10% interest in the limited liability company.
        (3)    Each applicant shall submit to the Board a sworn statement that includes:
            (i)    1.    the name and address of each stockholder of the corporation; and
                2.    the number of voting shares owned by each stockholder; or
            (ii)    1.    the name and address of each member of the limited liability company; and
                2.    the percentage share of voting interest owned by each member.

Structure Maryland Statutes