{"data":{"id":"us-md/md.-code-alcoholic-beverages-and-cannabis-32-1405","jurisdiction":"us-md","citation":"Md. Code, Alcoholic Beverages and Cannabis § 32–1405","heading":"","body":"(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:\n(1) is a registered voter, taxpayer, and resident of the county at the time of submission of the application; and\n(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.\n(b) This section does not affect a license that has already been issued.","path":["Article - Alcoholic Beverages and Cannabis"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gab\u0026section=32-1405","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:03Z","sha256":"2201c049f0a653f77ed15424d92b22b1bcd0a84f73a7e31fb4767d4d71576acb","source_id":"us-md","stale":false,"prev":"us-md/md.-code-alcoholic-beverages-and-cannabis-32-1404","next":"us-md/md.-code-alcoholic-beverages-and-cannabis-32-1406"},"notice":"GroundRules: Original legal text. Not legal advice."}