Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 4-113
Terms Used In Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 4-113
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(b) A refund shall be issued to a license holder on surrender of the license if:
(1) receivership or bankruptcy of the business entity on whose behalf the license was issued occurs and a license transfer is not requested, with the refund issued for the benefit of the creditors of the license holder;
(2) the license holder dies, with the refund issued for the benefit of the estate of the deceased license holder;
(3) the license holder volunteers for or has been called into the armed forces of the United States or the organized State militia;
(4) the license holder surrenders a license and obtains a new license of another class carrying a higher fee, with the refund deducted from the higher fee;
(5) a license holder, against whom charges are pending when the license is renewed, is found guilty and the license is revoked, with the refund issued to the license holder in an amount based on the date that the revocation becomes final;
(6) the issuance of a license by a local licensing board is reversed on judicial review and the operation of the establishment is prohibited, with the refund issued to the license holder in an amount based on the date that the refusal to grant the renewal becomes final; or
(7) the licensed premises are taken by the federal government, the State, or a municipality for public use.