(a) (1) A licensed wholesaler may buy tax stamps, in the manner and at the time that the Comptroller requires by regulation. (2) Tax stamps may not be bought from a person other than the Comptroller unless the buyer: (i) has written permission from the Comptroller to do so; or (ii) is acting in accordance with the regulations of the Comptroller for stamping floor stock. (b) The Comptroller shall allow a licensed wholesaler a discount of 0.82% of the purchase price of tax stamps.
‹ Prev All Maryland sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.