§ 26–1507
Statutes in effect as of October 1, 2026.
Md. Code Ann., Alco. Bev. § 26-1507 (2026)
Title 26. Prince George's County
Subtitle 15. Issuance or Denial of Licenses
§ 26–1507LinkCopy Citation
(a)
A license holder may create a security interest in the license in favor of a landlord or a creditor of the license holder.
(b)
The security interest shall be perfected in accordance with the Commercial Law Article.
(c)
The license holder shall deliver to the Board a copy of the underlying security agreement that is signed by or on behalf of the individual or entity that holds the license.