LegalFix
Sign In

§ 3-301. Transfer of place of business; transfer of license and inventory

MD Alcoholic B Code § 3-301 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(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.

(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 Comptroller approves the new location or license holder in the same way the Comptroller approves the issuance of a license.

(c)    An applicant may apply for a transfer of location and a transfer of ownership in the same application.

No previous sections
Next Section
§ 3-302. Compliance with Bulk Transfers Act required