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Terms Used In Maryland Code, ALCOHOLIC BEVERAGES AND CANNABIS 4-306

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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.
(a) For a license issued by a local licensing board for the use of a corporation or club, the license holder may substitute on the license the name of a different officer for the name of any officer who:

(1) has died;

(2) has retired; or

(3) no longer holds an office in the corporation or club.

(b) The license holder shall file with the local licensing board an affidavit that contains:

(1) the substitution of the officer;

(2) an explanation for the substitution; and

(3) in the case of a corporation, a statement that the ownership of the corporation has not changed.

(c) On receipt of the affidavit and after determining that the applicant qualifies under this article, the local licensing board shall:

(1) amend its records; and

(2) issue a corrected license.

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