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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A local licensing board may issue a license to dispose of stock for a period not exceeding 10 consecutive days.
(b)(1) A license holder may dispose of the license holder's stock of alcoholic beverages if:
(i) the license has been canceled, revoked, or suspended;
(ii) renewal has been denied by the local licensing board; or
(iii) a renewal license has been granted by the local licensing board and a court on judicial review has reversed the local licensing board's decision.
(2) A license holder that disposes of stock may sell the stock at retail or to a licensed wholesaler.
(3) A license does not authorize the license holder to purchase alcoholic beverages for resale.
(c) The fee for a license under this section is $5 per day.
Cite this article: FindLaw.com - Maryland Code, Alcoholic Beverages and Cannabis § 4-1206 - last updated January 01, 2025 | https://codes.findlaw.com/md/alcoholic-beverages-and-cannabis/md-code-al-bev-sect-4-1206/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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