<?xml version='1.0' encoding='utf-8'?>
<section article="gab" article_name="Alcoholic Beverages and Cannabis" number="33-1402" title_number="33" title_name="Worcester County" subtitle_number="14" subtitle_name="Applications for Licenses">
  <level label="a">
    <text>This section does not apply to:</text>
    <level label="1">
      <text>a license holder of a license issued before May 1, 1977; and</text>
    </level>
    <level label="2">
      <text>an applicant for a Class B beer, wine, and liquor license.</text>
    </level>
  </level>
  <level label="b">
    <level label="1">
      <text>Except as provided in subsection (a) of this section, a license on behalf of a corporation or limited liability company may be issued only if the following requirements are met.</text>
    </level>
    <level label="2">
      <text>At least one applicant shall:</text>
      <level label="i">
        <text>be a registered voter, taxpayer, and resident of the county; and</text>
      </level>
      <level label="ii">
        <text>own at least 10% of the total issued capital stock of the corporation or 10% interest in the limited liability company.</text>
      </level>
    </level>
    <level label="3">
      <text>Each applicant shall submit to the Board a sworn statement that includes:</text>
      <level label="i">
        <level label="1">
          <text>the name and address of each stockholder of the corporation; and</text>
        </level>
        <level label="2">
          <text>the number of voting shares owned by each stockholder; or</text>
        </level>
      </level>
      <level label="ii">
        <level label="1">
          <text>the name and address of each member of the limited liability company; and</text>
        </level>
        <level label="2">
          <text>the percentage share of voting interest owned by each member.</text>
        </level>
      </level>
    </level>
  </level>
</section>
