§ 14-221. Summarily passing stop order
West's Annotated Code of MarylandBusiness Regulation
MD Code, Business Regulation, § 14-221
§ 14-221. Summarily passing stop order
The Commissioner summarily may pass a stop order to deny, suspend, or revoke a registration if the Commissioner finds that:
(3) a person identified in an application has been convicted of an offense or has had a civil judgment entered against the person as described in § 14-216(c)(8) of this subtitle or is subject to an order described in § 14-216(c)(9) of this subtitle, and the involvement of the person in the sale or management of the franchise creates an unreasonable risk to prospective franchisees;
(7) the financial condition of the franchisor affects or will affect the ability of the franchisor to meet an obligation under the franchise or other agreement and the franchisor is not able or willing to comply or has failed to comply with a regulation, order, or administrative determination of the Commissioner under § 14-217 of this subtitle.
Credits
Added by Acts 1992, c. 4, § 2. Amended by Acts 1992 c. 26, § 4.
Formerly Art. 56, § 353.
MD Code, Business Regulation, § 14-221, MD BUS REG § 14-221
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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