WILLIAM DONALD SCHAEFER, Governor Ch. 201

(III)  THE ANNUAL FEE IS $1,500.

(IV)  THE HOLDER IS AUTHORIZED TO SELL BEER,
WINE AND LIQUOR FOR ON-PREMISES CONSUMPTION TO PERSONS ATTENDING
AN EVENT AT THE CONFERENCE CENTER.

40.

(e) (1) In Queen Anne's County, an applicant for an
alcoholic beverage license to be issued for the benefit of a
corporation is not required to be a resident of Queen Anne's
County. However, each applicant applying on behalf of a
corporation shall be a resident of the State of Maryland and the
owner of not less than 15 percent of the total outstanding shares
of common stock of the corporation which would be entitled to
vote at any stockholder meeting. The provisions of this paragraph
do not apply to Class A beer, wine and liquor licenses.

(2)  In addition, the applicants or the corporation
shall furnish annually to the board of license commissioners a
sworn statement giving the name and address of each stockholder
of the corporation and the number of shares that each stockholder
owns in his name on which he has a right to vote at any
stockholder meeting.

(3)  The board of license commissioners may require
any other data and information regarding the background and prior
activities of the applicants as it considers necessary.

(4)  This subsection does not apply to or affect any
license issued prior to May 1, 1976.

(5)  THE FOLLOWING LICENSE REQUIREMENTS DO NOT APPLY
WHEN GRANTING A CLASS B BEER, WINE AND LIQUOR ON-SALE LICENSE FOR
USE IN A CONFERENCE CENTER:

(I)  THE CORPORATE RESIDENCY REQUIREMENT UNDER
PARAGRAPH (1) OF THIS SUBSECTION;

(II)  THE STOCK OWNERSHIP REQUIREMENT UNDER
PARAGRAPH (1) OF THIS SUBSECTION; AND

(III)  THE ANNUAL SWORN STATEMENT REQUIREMENT
UNDER PARAGRAPH (2) OF THIS SUBSECTION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1989.

Approved May 5, 1989.

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