1. (a) Except as provided in subsection (b) of this section, a license on behalf of a limited liability company shall be applied for by and issued to three authorized persons of the limited liability company, as individuals.

2. (b)

   1. (1) If a limited liability company has fewer than three authorized persons, each authorized person shall apply for a license.
   2. (2) An individual who is a resident of the State at the time the application is filed meets the residency requirements under § 4-105 of this article.

Added by Acts 2016, c. 41, § 2, eff. July 1, 2016. Amended by Acts 2017, c. 62, § 1, eff. April 11, 2017; Acts 2020, c. 462, § 1, eff. July 1, 2020.