Md. Code Ann., Bus. Reg. § 16.7-206
Redline — January 1, 2019 → current.View current text →
Current — January 1, 2020
As of January 1, 2019
(a) (1) A licensed electronic nicotine delivery systems retailer or a licensed vape shop vendor may not assign the license.
(a) (1) A licensed electronic smoking devices retailer or a licensed vape shop vendor may not assign the license.
(2) If a licensed electronic nicotine delivery systems wholesaler distributor or electronic nicotine delivery systems wholesaler importer sells the licensee’s electronic nicotine delivery systems business and pays to the Comptroller a license assignment fee of $10, the licensee may assign the license to the buyer of the business if the buyer otherwise qualifies under this title for an electronic nicotine delivery systems wholesaler’s distributor or importer license.
(2) If a licensed electronic smoking devices wholesaler distributor or electronic smoking devices wholesaler importer sells the licensee’s electronic smoking devices business and pays to the Executive Director a license assignment fee of $10, the licensee may assign the license to the buyer of the business if the buyer otherwise qualifies under this title for an electronic smoking devices wholesaler’s distributor or importer license.
(b) If the electronic nicotine delivery systems business of a licensee is transferred because of bankruptcy, death, incompetency, receivership, or otherwise by operation of law, the Comptroller shall transfer the license without charge to the new owner of the licensee’s business if the transferee otherwise qualifies under this title for the license being transferred.
(b) If the electronic smoking devices business of a licensee is transferred because of bankruptcy, death, incompetency, receivership, or otherwise by operation of law, the Executive Director shall transfer the license without charge to the new owner of the licensee’s business if the transferee otherwise qualifies under this title for the license being transferred.
(c) (1) If a licensed electronic nicotine delivery systems wholesaler distributor or electronic nicotine delivery systems wholesaler importer surrenders the license to the Comptroller and if no disciplinary proceedings are pending against the licensee, the Comptroller shall refund a pro rata portion of the license fee for the unexpired term of the license.
(c) (1) If a licensed electronic smoking devices wholesaler distributor or electronic smoking devices wholesaler importer surrenders the license to the Executive Director and if no disciplinary proceedings are pending against the licensee, the Executive Director shall refund a pro rata portion of the license fee for the unexpired term of the license.
(2) A licensed electronic nicotine delivery systems retailer or a licensed vape shop vendor is not allowed a refund for the unexpired term of the license.
(2) A licensed electronic smoking devices retailer or a licensed vape shop vendor is not allowed a refund for the unexpired term of the license.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.