Md. Code, Alcoholic Beverages and Cannabis § 26-1507
This is the official text of Md. Code, Alcoholic Beverages and Cannabis § 26-1507, part of Maryland’s Code, Alcoholic Beverages and Cannabis — regulates the sale and licensing of alcohol and cannabis.
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§26–1507.
Official statutory text
(a) A license holder may create a security interest in the license in favor of a landlord or a creditor of the license holder.
(b) The security interest shall be perfected in accordance with the Commercial Law Article.
(c) The license holder shall deliver to the Board a copy of the underlying security agreement that is signed by or on behalf of the individual or entity that holds the license.
(b) The security interest shall be perfected in accordance with the Commercial Law Article.
(c) The license holder shall deliver to the Board a copy of the underlying security agreement that is signed by or on behalf of the individual or entity that holds the license.
Status: in_force · Read it on the official government site
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