Md. Code, Alcoholic Beverages and Cannabis § 32-1405
Md. Code, Alcoholic Beverages and Cannabis § 32-1405
in effect(a) Except as provided in subsection (b) of this section, the Board may not issue a license to a corporation or limited liability company unless the individual qualifying under this article:
(1) is a registered voter, taxpayer, and resident of the county at the time of submission of the application; and
(2) owns at least 20% of the total issued capital stock of the corporation or 20% of the total interests of the limited liability company.
(b) This section does not affect a license that has already been issued.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gab§ion=32-1405&enactments=falseFetched: 10/16/2026