Ch. 726

1997 LAWS OF MARYLAND

15-202.

(b) (2) The aggregate sum advanced to or borrowed by the liquor control board
may not exceed the following amounts:

[(iv) Worcester County - $500,000].

(c) (1) The interest rate limitation provided in paragraph (2) of this subsection
does not apply in the following jurisdictions:

(i) Harford County; AND

(ii) Somerset County[; and

(iii) Worcester County].

[(3) In Worcester County, any borrowed funds expended for the use of
supplies or equipment are to be amortized over a term of five years.]

15-203.

(a) (3) In [the following counties] SOMERSET COUNTY they may sell any
alcoholic beverages except beer[:

(i) Somerset; and

(ii) Worcester].

[(f) In Worcester County the County liquor dispensaries may be established and
maintained only at Pocomoke City, Snow Hill, Berlin and Ocean City, and in any rural
areas that may be approved by the Liquor Control Board and the County Commissioners
of Worcester County.]

15-205.

[(1) In Worcester County, in addition to the other powers listed in this section, the
Board shall pay the salary, not to exceed $3,500 annually, of an officer to enforce the laws
relating to alcoholic beverages in the County. The officer shall be appointed by the
County Commissioners subject to the approval by State's Attorney of the County.]

15-207.

[(h) (1) This subsection applies only in Worcester County.

(2) All net profits arising from the operation of these dispensaries are first
applied towards the payment of any and all sums advanced to or borrowed by the Liquor
Control Board. After these sums are paid, the Board is authorized to create and maintain
a reserve fund not to exceed $300,000 on June 1, 1995. The reserve fund is maintained to
provide adequate working capital and to meet any losses that may be sustained by the
Board in the operation of these dispensaries.

(3) Fifty percent of all net profits in excess of the reserve fund shall be paid
to the County Commissioners of Worcester County on or before June 1 each year. The
remaining 50 percent shall be paid on or before June 1 each year to the mayors and city
councils of Berlin, Ocean City, Pocomoke City, and Snow Hill in proportion to the net

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