Section 32-1405 - Residency requirements for license(a) Except as provided in subsection (b) of this section, the Board may not issue a license to a corporation or limited liability company unless the individual qualifying under this article: (1) is a registered voter, taxpayer, and resident of the county at the time of submission of the application; and(2) owns at least 20% of the total issued capital stock of the corporation or 20% of the total interests of the limited liability company.(b) This section does not affect a license that has already been issued.Amended by 2020 Md. Laws, Ch. 462, Sec. 1, eff. 7/1/2020.Added by 2016 Md. Laws, Ch. 41, Sec. 2, eff. 7/1/2016.