Maryland § 11-205
Full text of Maryland Maryland Code § 11-205, with citation guidance and answers to common questions.
§ 11-205.
To qualify for a license, an applicant shall satisfy the Commissioner that:
(1) The applicant has at least $20,000 in liquid assets available to be used in the business to be covered by the license;
(2) The business will promote the convenience and advantage of the community in which the place of business will be located; and
(3) The applicant or, if the applicant is not an individual, the owners, officers, directors, or members have sufficient experience, character, financial responsibility, and general fitness to:
(i) Command the confidence of the public; and
(ii) Warrant the belief that the business will be operated lawfully, honestly, fairly, and efficiently.
Frequently Asked Questions About Maryland § 11-205
What does Maryland Code § 11-205 cover?
Section 11-205 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 11-205?
A common citation format is "Maryland Code § 11-205" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 11-205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.