Md. Code Regs. 10.62.19.06

Current through Register Vol. 51, No. 12, June 14, 2024

Section 10.62.19.06 - Issuance of License

A. After an applicant has been issued a pre-approval for a license under this chapter, the applicant shall submit to the Commission, as part of its application:

(1) An audited financial statement for the applicant and for each individual, partnership, corporation, or other entity review that has invested, or is proposed to invest, 5 percent or more of the capital of the applicant; and

(2) Payment of the stage 2 application fee specified in COMAR 10.62.35.

B. The Commission may issue a license to be a licensed processor on a determination that:

(1) The applicant has not been convicted of or pleads nolo contendere to a crime involving moral turpitude, whether or not any appeal or other proceeding is pending to have the conviction or plea set aside;

(2) All inspections are passed and all of the applicant's operations conform to the specifications of the application as pre-approved pursuant to Regulation .05 of this chapter;

(3) The proposed premises:

(a) Are under the legal control of the applicant;

(b) Comply with all zoning and planning requirements; and

(c) Conform to the specifications of the application as pre-approved pursuant to Regulation .07 of this chapter; and

(4) The first year's license fee specified in COMAR 10.62.35 has been paid.

Md. Code Regs. 10.62.19.06

Regulation .06 adopted effective 42:18 Md. R. 1176, eff.9/14/2015; amended effective 46:16 Md. R. 688, eff. 8/12/2019