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§ 14-303. Earnings representation

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 3. Multilevel Distribution Companies (Refs & Annos)
MD Code, Business Regulation, § 14-303
§ 14-303. Earnings representation
Currentness
A multilevel distribution company may not represent directly or indirectly that participants in its marketing program may or will earn a stated gross or net amount or represent in any way the past earnings of participants unless the stated gross amount, net amount, or past earnings:
(1) are those of a substantial number of participants in the community or geographic area where the representation is made; and
(2) accurately reflect the average earnings of participants under circumstances similar to those of the participant or prospective participant to whom the representation is made.

Credits

Added by Acts 1992, c. 4, § 2.
Formerly Art. 23, § 180A.
MD Code, Business Regulation, § 14-303, MD BUS REG § 14-303
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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