Md. Code, Alc. Bev. & Cannabis § 26-1507

Maryland · Maryland Code, Alcoholic Beverages and Cannabis · Status: effective

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Citation: Md. Code, Alc. Bev. & Cannabis § 26-1507, Maryland, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1748765
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(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.