Home Table of Contents

§ 14-122. Substantiation of income potential

West's Annotated Code of MarylandBusiness Regulation

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies (Refs & Annos)
Subtitle 1. Business Opportunities (Refs & Annos)
MD Code, Business Regulation, § 14-122
§ 14-122. Substantiation of income potential
Currentness
In connection with an offer to sell or sale of a business opportunity, a person may not represent that the business opportunity provides income or earning potential of any kind unless:
(1) the seller has documentation to substantiate the representation; and
(2) the person discloses the documentation to the prospective buyer when the representation is made.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 1996, c. 517, § 1, eff. Oct. 1, 1996.
Formerly Art. 56, § 412.
MD Code, Business Regulation, § 14-122, MD BUS REG § 14-122
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document