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§ 14-220. Amendments

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 2. Franchises (Refs & Annos)
MD Code, Business Regulation, § 14-220
§ 14-220. Amendments
Currentness
(a) If there is a material change in the information that a registrant previously filed with the Commissioner, the franchisor shall:
(1) file promptly with the Commissioner an application to amend the registration; and
(2) pay a fee of $100.
(b) The registrant shall sign and verify the application to amend the registration.
(c) The Commissioner by regulation may state:
(1) what constitutes a material change; and
(2) the circumstances under which a revised prospectus shall accompany an application to amend the registration.
(d) If the Commissioner approves the amendment to the registration, the amendment takes effect on the date the Commissioner sets after considering the public interest and the protection of franchisees.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 1992 c. 26, § 4; Acts 1993, c. 5, § 1.
Formerly Art. 56, §§ 350, 361, 362.
MD Code, Business Regulation, § 14-220, MD BUS REG § 14-220
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.
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