Md. Code, Alcoholic Beverages and Cannabis § 27-1404
Md. Code, Alcoholic Beverages and Cannabis § 27-1404
in effect(a) In this section, “controlling interest” means the ownership or control of sufficient shares or interest in a business to allow for an exercise of control over that business.
(b) An applicant for a license shall:
(1) include a statement in the application that the applicant is at least 21 years old; and
(2) submit an affidavit verifying the application.
(c) (1) Except as provided in paragraph (2) of this subsection, a license holder shall meet all requirements of the respective licenses.
(2) The term “financial interest” as used in § 4–109(a)(11), (13), and (16) of this article refers to an applicant who is the owner of a controlling interest in a place of business for which a license has been applied for or issued.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gab§ion=27-1404&enactments=falseFetched: 10/16/2026