Md. Code Ann., Alco. Bev. & Cannabis § 3-301
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2024
As of January 1, 2019
(a) Subject to subsection (b) of this section, a license holder or a receiver or trustee for the benefit of creditors may:
(1) transfer the license holder’s place of business to some other location; or
(2) transfer the license and the license holder’s inventory to another person.
(a) Subject to subsection (b) of this section, a license holder or a receiver or trustee for the benefit of creditors may:
(1) transfer the license holder’s place of business to some other location; or
(2) transfer the license and the license holder’s inventory to another person.
(b) A transfer under subsection (a) of this section may be made if: (1) an application for the transfer has been made; (2) all sales and use, amusement, admission, and withholding taxes have been paid to the Comptroller; (3) a bulk transfer permit has been obtained if the inventory of alcoholic beverages is to be transferred: (i) in any manner, including by sale, gift, inheritance, and assignment; and (ii) regardless of whether consideration is paid; and (4) the Comptroller approves the new location or license holder in the same way the Comptroller approves the issuance of a license.
(b) A transfer under subsection (a) of this section may be made if: (1) an application for the transfer has been made; (2) all sales and use, amusement, admission, and withholding taxes have been paid to the Comptroller; (3) a bulk transfer permit has been obtained if the inventory of alcoholic beverages is to be transferred: (i) in any manner, including by sale, gift, inheritance, and assignment; and (ii) regardless of whether consideration is paid; and (4) the Executive Director approves the new location or license holder in the same way the Executive Director approves the issuance of a license.
(c) An applicant may apply for a transfer of location and a transfer of ownership in the same application.
(c) An applicant may apply for a transfer of location and a transfer of ownership in the same application.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.