Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 33-1403
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Terms Used In Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 33-1403
- 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.
- Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
- Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
- Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
An applicant for a license shall include a signed statement that:
(1) the applicant has never offered a plea of nolo contendere to a felony indictment which was accepted by a court; and
(2) (i) the applicant has not been convicted of a felony; or
(ii) if the application is made on behalf of a corporation, neither the applicant nor the stockholders of the corporation have been convicted of a felony.