Maryland Code, BUSINESS REGULATION 17-1809
Terms Used In Maryland Code, BUSINESS REGULATION 17-1809
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- 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.
- County: means a county of the State or Baltimore City. See
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(2) To avoid being in default, the trader may pay the license fee and get a trader’s license with the understanding that the trader will get a refund of any excess amount paid for the trader’s license.
(b) (1) If the State Department of Assessments and Taxation reduces the value of the stock-in-trade, resulting in a lower license fee, the licensed trader may get a refund of any excess amount paid by submitting to the clerk who issued the trader’s license:
(i) a claim for the refund; and
(ii) supporting evidence of the reduction from the State Department of Assessments and Taxation.
(2) On approving the claim, the clerk shall pay the refund.
(c) If the clerk pays a refund, the clerk shall deduct the amount of the refund from the license fees distributed to the county or municipal corporation that receives the fee.