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§ 11-303. Disclosure by distributor

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 11. Trade Regulation
Subtitle 3. Gasohol and Gasoline Products Marketing Act (Refs & Annos)
MD Code, Commercial Law, § 11-303
§ 11-303. Disclosure by distributor
Currentness
Before any marketing agreement is concluded, a distributor shall disclose fully to a prospective dealer the following information:
(1) Any gallonage history of the location under negotiation for the shorter of:
(i) The three-year period immediately past; or
(ii) The entire period during which the location has been supplied by the distributor;
(2) The name, last known address, and reason for the termination of the marketing agreement of each person who was a dealer at the location during:
(i) The five-year period immediately past; or
(ii) The entire period during which the location has been supplied by the distributor;
(3) Any commitment for the sale, demolition, or other disposition of the location;
(4) Any training program and any specific goods and services which the distributor will provide for and to the dealer;
(5) Any obligation which will be required of the dealer;
(6) Any restriction on the sale, transfer, and termination of the agreement; and
(7) The total amount of any cash deposit required, any amount of interest to be paid on the deposit, and the conditions for the return of the deposit.

Credits

Added by Acts 1975, c. 49, § 3, eff. July 1, 1975.
Formerly Art. 23, § 167D.
MD Code, Commercial Law, § 11-303, MD COML § 11-303
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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