Md. Code Regs. 36.03.02.08

Current through Register Vol. 51, No. 24, December 2, 2024

Section 36.03.02.08 - Controlling Entity

The application documents shall:

A. State whether another entity has a beneficial ownership in the applicant, as defined in Business Regulation Article, § 11-301, Annotated Code of Maryland;

B. Describe the:

(1) Nature of the beneficial ownership; and

(2) Extent of control exercised by the beneficial owner; and

C. Include information and documents required under Regulations .04-.09 of this chapter as to each beneficial owner and principal entity.

Md. Code Regs. 36.03.02.08

Regulations .08 adopted as an emergency provision effective 40:6 Md. R. 470, eff.3/1/2013 ; emergency action expired effective July 20, 2013
Regulations .08 adopted effective 40:16 Md. R. 1347, eff.8/19/2013