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Section 5-112 - Nontransferability of Dealer's License; New Place of Business — Maryland Law | CourtGPT
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  7. Section 5-112 - Nontransferability of Dealer's License; New Place of Business
Maryland Legal Code

Section 5-112 - Nontransferability of Dealer's License; New Place of Business

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(a) A dealer’s license is not transferable. (b) Before moving a place of business, a licensee shall inform the Secretary and surrender the dealer’s license. (c) If a cause to revoke the dealer’s license does not exist, the Secretary shall issue a new dealer’s license without charge covering the new place of business for the rest of the term of the surrendered dealer’s license.