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§ 14-223. Documents furnished by franchiser

West's Annotated Code of MarylandBusiness RegulationEffective: October 1, 2010

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)
Effective: October 1, 2010
MD Code, Business Regulation, § 14-223
§ 14-223. Documents furnished by franchiser
A franchisor may not sell a franchise in the State without first giving a prospective franchisee a copy of the offering prospectus and a copy of each proposed agreement that relates to the sale of the franchise at the earlier of:
(1) 14 calendar days before the execution by the prospective franchisee of any binding agreement with the franchisor;
(2) 14 calendar days before payment of any consideration that relates to the franchise relationship; or
(3) a reasonable request by a prospective franchisee to receive a copy of the offering prospectus.

Credits

Added by Acts 1992, c. 4, § 2. Amended by Acts 2010, c. 168, § 1, eff. Oct. 1, 2010.
Formerly Art. 56, § 357.
MD Code, Business Regulation, § 14-223, MD BUS REG § 14-223
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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