Current with changes from the 2024 Legislative Session
Section 4-302 - Transfer of place of business; transfer of license and inventory(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 local licensing board approves the new location or license holder in the same way the local licensing board approves the issuance of a license.(c) An applicant may apply for a transfer of location and transfer of ownership in the same application.Added by 2016 Md. Laws, Ch. 41, Sec. 2, eff. 7/1/2016.