Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 27-1503
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Terms Used In Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 27-1503
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Multiple licenses may be issued for the same premises or to an individual for the use of that individual, a partnership, a corporation, an unincorporated association, or a limited liability company if:
(1) the licenses are Class D beer or Class D beer and wine licenses; and
(2) each premises is a bowling establishment that has at least 30 lanes with automatic pinsetters.