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Section 28-1409 - Residency Requirement for Corporate Stockholders — Maryland Law | CourtGPT
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  8. Section 28-1409 - Residency Requirement for Corporate Stockholders
Maryland Legal Code

Section 28-1409 - Residency Requirement for Corporate Stockholders

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A license may not be issued for the use of a corporation unless the owners of at least 15% of the total stock of the corporation are residents in the county at the time the application for the license is filed.