(a) This section applies to: (1) a corporation; and (2) a club, whether incorporated or unincorporated. (b) (1) Except as provided in subsections (c) and (d) of this section, a license on behalf of a corporation or club shall be applied for and issued to three officers of the corporation or club as individuals. (2) At least one of the three officers shall: (i) be a resident of the State at the time the application is filed; and (ii) remain a resident of the State for the duration of time the license is in effect. (c) If a corporation has fewer than three officers or directors, all officers or directors shall apply for a license. (d) In a close corporation, at least one individual stockholder may apply for a license if: (1) the close corporation does not have officers or directors; and (2) there is an affirmative vote of a majority of the stockholders. (e) An application for a corporation or a club license shall include: (1) the name and address of each officer; (2) the name and address of the corporation or club; and (3) the signatures of the president or vice president of the corporation or club and of the three officers to whom the license shall be issued.
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