Occupation Record And Financial Statement Of Individual License Applicant {367-3}

367-3 - OCCUPATION RECORD AND FINANCIAL STATEMENT OF INDIVIDUAL LICENSE APPLICANT. This form is used by individuals applying for an alcoholic beverage license in the state of Maryland to provide detailed personal background and financial information. This form must be completed and signed by the individual applicant—not by a corporation or partnership—and submitted as part of the license application process. The form requires the applicant to list a complete ten-year work history, including all full-time paid positions held, along with employer names and addresses. It also requires a detailed personal financial statement, listing all assets and liabilities such as real estate, bank accounts, loans, and other financial obligations. The applicant must disclose the amount and source of their investment in the business, including whether the investment comes solely from personal assets or if financing will be provided by others. If external funding is involved, the applicant must identify the source, amount, and relationship of each contributor. This information is used for background checks and to verify the applicant's financial capacity and transparency in accordance with the Maryland Alcoholic Beverages Article. www.FormsWorkflow.com