Md. Code Regs. 36.07.02.08 - Controlling Entity

The application documents shall:

A. State whether another entity has a beneficial ownership in the applicant, as defined in Business Regulation Article, § 11-301, Annotated Code of Maryland;

B. Describe the:

(1) Nature of the beneficial ownership; and

(2) Extent of control exercised by the beneficial owner; and

C. Include information and documents required under Regulations .04-.09 of this chapter as to each beneficial owner.

Notes

Md. Code Regs. 36.07.02.08

Regulations .08 adopted as an emergency provision effective 40:20 Md. R. 1650, eff.8/26/2013 ; adopted permanently effective December 12, 2013 40:24 Md. R. 2019, eff.8/26/2013