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LAWS OF MARYLAND
Ch. 580
CHAPTER 580
(Senate Bill 833)
AN ACT concerning
Baltimore City - Alcoholic Beverages Licenses
FOR the purpose of prohibiting a franchised operation in
Baltimore City from having an interest in more than a
certain number of alcoholic beverages licenses, regardless
of how a license is to be held or controlled for that
operation; providing for certain exceptions for renewals;
stating the intention of this Act; and generally relating to
a prohibition on franchised operations in Baltimore City
having an interest in more than a certain number of
alcoholic beverages licenses.
BY adding to
Article 2B - Alcoholic Beverages
Section 48(5)
Annotated Code of Maryland
(1981 Replacement Volume and 1984 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 2B - Alcoholic Beverages
48.
In the enumerated subdivisions below, a person, partnership,
firm or corporation, except by way of renewal, may not have an
interest in more than one license, whether held or controlled by
direct or indirect ownership, by stock ownership, interlocking
directors or interlocking stock ownership, or in any other
manner, directly or indirectly. It is the intention of this
section to prohibit any person, firm, partnership or corporation
from having any interest, directly or indirectly, in more than
one license.
(5)(I) IN BALTIMORE CITY, EXCEPT BY WAY OF RENEWAL,
A PERSON, FRANCHISOR, OR FRANCHISEE OPERATION MAY NOT HAVE AN
INTEREST IN MORE THAN 1 LICENSE, WHETHER THAT LICENSE IS TO BE
HELD OR CONTROLLED BY:
1. DIRECTOR OR INDIRECT OWNERSHIP;
2. A FRANCHISE OPERATION;
3. STOCK OWNERSHIP;
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