Section 7-309 - Corporation license. - Maryland Statutes

§ 7-309. Corporation license.
 

(a)  In general.- Except as otherwise provided by law, a corporation may not operate a mortuary science business and the Board may not issue a license to or list any corporation as licensed to operate a mortuary science business. 

(b)  Exception.- The Board may renew only the license of a corporation that: 

(1) On June 1, 1945, held a license issued by this State; 

(2) Has been renewed continuously since that date; 

(3) Submits an application on a form required by the Board; and 

(4) Pays a fee set by the Board. 

(c)  Contents of application.- Each application for renewal made by a corporation shall state the name and address of each officer and director of the corporation. 

(d)  Scope of license.- While a corporation license is effective, it authorizes a corporation to operate a mortuary science business only if any practice of mortuary science that is conducted for the corporation is practiced by a licensed individual. 

(e)  Branch establishments.- A corporation may not operate a branch funeral establishment unless the branch funeral establishment was in operation on or before October 1, 1964. 

(f)  Sale, bankruptcy, or cessation of operations.- If a corporation is sold, declares bankruptcy, or ceases to operate, written notice must be submitted to: 

(1) The Board, within 2 weeks of the occurrence, detailing the changes and the arrangements for carrying out the pre-need contracts and disbursement of the money held in escrow; and 

(2) The holders of pre-need contracts advising them of their options under Maryland law. 
 

[An. Code 1957, art. 43, § 351; 1981, ch. 8, § 2; 1990, ch. 6, § 11; 1992, ch. 155.]