Maryland § 22-1503
Full text of Maryland Maryland Code § 22-1503, with citation guidance and answers to common questions.
§ 22-1503.
(a) (1) Except as otherwise provided in this title, a person may not have interest in more than one license.
(2) Paragraph (1) of this subsection applies whether the license is held or controlled by direct or indirect ownership, by franchise operation, by stock ownership, by interlocking directors or interlocking stock ownership, or in any other manner, directly or indirectly.
(b) Under subsection (a) of this section, an indirect ownership interest is presumed to exist between any combination of individuals, corporations, limited liability companies, partnerships, limited partnerships, joint ventures, associations, or other persons if any of the following conditions exist between them:
(1) a common parent company;
(2) a franchise agreement;
(3) a licensing agreement;
(4) a concession agreement;
(5) dual membership in a chain of businesses commonly owned and operated;
(6) a sharing of directors, stockholders, partners, or members, or a sharing of directors, stockholders, partners, or members of parents or subsidiaries; or
(7) a sharing of a common trade name, trademark, logo, or theme, or mode of operation identifiable by the public.
Frequently Asked Questions About Maryland § 22-1503
What does Maryland Code § 22-1503 cover?
Section 22-1503 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 § 22-1503?
A common citation format is "Maryland Code § 22-1503" (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 § 22-1503 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.