(a) Except as provided in subsection (b) of this section, a trader may transfer the trader's license to a person who:
(1) buys the stock-in-trade of the trader; and
(2) buys or rents the place of business of the trader.
(b)(1) A trader's license issued to a visually handicapped individual or Blind Industries is not transferable.
(2) However, Blind Industries may change the manager of the place of business for which a trader's license was issued if the new manager has vision that meets the standard of § 17-1804(b)(1) of this subtitle.
(c) Whenever a trader sells the trader's stock-in-trade and transfers the trader's license:
(1) the transfer of the trader's license shall be reported to the clerk who issued the license; and
(2) the clerk shall record the transfer of the trader's license.
(d)(1) In Baltimore County, the clerk may not issue a transferred trader's license without the approval of the zoning commissioner.
(2) In Calvert County, the clerk may not issue a transferred trader's license unless the zoning requirements under § 17-307 of this title are met.
(e) A person who buys a trader's license may do business as a trader for the rest of the term of the trader's license.
Credits
Added as Business Regulation § 18-1813 by Acts 1992, c. 4, § 2. Amended by Acts 1993, c. 5, § 1; Acts 2019, c. 569, § 1, eff. Oct. 1, 2019; Acts 2019, c. 570, § 1, eff. Oct. 1, 2019. Renumbered as Business Regulation § 17-1810 and amended by Acts 2022, c. 315, § 2, eff. Oct. 1, 2022.
MD Code, Business Regulation, § 17-1810, MD BUS REG § 17-1810
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
