1. (a)

   1. (1) If an application for a license is made for the use of a partnership, the license shall be issued to three individuals.

   2. (2) Each of the individuals shall qualify as:

      1. (i) an individual general partner; or
      2. (ii) if a general partner is a corporation, an officer of the corporation as an individual.

2. (b)

   1. (1) If a partnership has fewer than three general partners, the names of each general partner shall be on the license.

   2. (2) Each of the three general partners or corporate officers shall:

      1. (i) be a resident of the State at the time the application is filed; and
      2. (ii) remain a resident of the State for the duration of time the license is in effect.

Added by Acts 2016, c. 41, § 2, eff. July 1, 2016. Amended by Acts 2020, c. 462, § 1, eff. July 1, 2020.