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§ 4-302. Transfer of place of business; transfer of license and inventory

West's Annotated Code of MarylandAlcoholic Beverages and CannabisEffective: July 1, 2016

West's Annotated Code of Maryland
Alcoholic Beverages and Cannabis (Refs & Annos)
Division I. General Provisions Affecting Multiple Jurisdictions [Titles 1-8] (Refs & Annos)
Title 4. Local Licensing (Refs & Annos)
Subtitle 3. Transfer of Local Licenses; Substitution of Names on License (Refs & Annos)
Effective: July 1, 2016
MD Code, Alcoholic Beverages, § 4-302
Formerly cited as MD CODE, Art. 2B, § 10-503
§ 4-302. Transfer of place of business; transfer of license and inventory
Currentness
In general
(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.
Conditions of transfer
(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 local licensing board approves the new location or license holder in the same way the local licensing board approves the issuance of a license.
Transfer of location and ownership in same application
(c) An applicant may apply for a transfer of location and transfer of ownership in the same application.

Credits

Added by Acts 2016, c. 41, § 2, eff. July 1, 2016.
MD Code, Alcoholic Beverages, § 4-302, MD AL BEV § 4-302
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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