Maryland Statutes
Business Regulation
Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies

Section 14-119 - Denial of Effectiveness to Registration, Suspension, or Revocation of Registrations - (a) The Commissioner may pass an order denying effectiveness to,...

Section 14-120 - Untrue Statements or Omissions of Material Facts - In connection with an offer to sell or sale of...

Section 14-121 - Fraud or Deceit - In connection with an offer to sell or sale of...

Section 14-122 - Representations of Income or Earning Potential - In connection with an offer to sell or sale of...

Section 14-123 - Use of Commercial Symbol - In connection with an offer to sell or sale of...

Section 14-124 - Reference to Compliance - In connection with an offer to sell or sale of...

Section 14-125 - Failure to Deliver Products, Equipment, or Supplies - (a) In connection with an offer to sell or sale...

Section 14-126 - Remedies for Violation - (a) (1) If a seller violates a provision of §§...

Section 14-127 - False or Misleading Statement or Omission of Material Fact - (a) A person who sells a business opportunity may not,...

Section 14-128 - General Penalty - A person who violates this subtitle is guilty of a...

Section 14-129 - Short Title - This subtitle is the Maryland Business Opportunity Sales Act.

Subtitle 2 - Franchises

Section 14-201 - Definitions - (a) In this subtitle the following words have the meanings...

Section 14-202 - Legislative Policy - (a) The General Assembly finds that: (1) the widespread sale...

Section 14-203 - Scope of Subtitle - (a) This subtitle applies to an offer to sell or...

Section 14-204 - Subtitle in Addition to Other Law - The powers, remedies, procedures, and penalties of this subtitle are...

Section 14-205 - Delegation - The Commissioner may delegate any power or duty of the...

Section 14-206 - Regulations - The Commissioner may adopt and enforce regulations to administer and...

Section 14-207 - Publication of Information - (a) The Commissioner may publish information about violations of this...

Section 14-208 - Investigations - The Commissioner may: (1) investigate in or outside the State...

Section 14-209 - Interpretive Opinions - (a) On request, the Commissioner may issue an interpretive opinion....

Section 14-210 - Civil Enforcement of Subtitle - (a) (1) Whenever the Commissioner finds that a person has...

Section 14-211 - Criminal Proceedings Authorized - (a) (1) The Commissioner may refer to the State’s Attorney...

Section 14-212 - Miscellaneous Powers - In connection with an investigation or proceeding under this subtitle,...

Section 14-213 - Privilege Against Self-Incrimination - (a) A person is not excused from attending, testifying, or...

Section 14-214 - Registration Required; Exemptions - (a) Except as otherwise provided in this subtitle, a person...

Section 14-215 - Applications for Registration - (a) Except as otherwise provided in this section, an applicant...

Section 14-216 - Prospectus - (a) The prospectus shall contain: (1) the material information set...

Section 14-217 - Escrow Requirements - (a) If the Commissioner finds that it is necessary and...

Section 14-218 - Issuance and Effective Date of Registration - (a) The Commissioner shall register an offer of a franchise...

Section 14-219 - Term and Renewal of Registration - (a) (1) Unless registration of an offer of a franchise...

Section 14-220 - Amendments to Registration - (a) If there is a material change in the information...

Section 14-221 - Grounds for Issuing Stop Order - The Commissioner summarily may pass a stop order to deny,...

Section 14-222 - Notice; Hearing; Vacating or Modifying Stop Order - (a) After passing a stop order, the Commissioner promptly shall...

Section 14-223 - Copies of Documents to Franchisees - A franchisor may not sell a franchise in the State...

Section 14-224 - Records Required - Each franchisor or subfranchisor shall keep a complete set of...

Section 14-225 - Advertisements Offering Franchises - A person may not publish an advertisement offering to sell...

Section 14-226 - Release From Liability as Condition of Sale - As a condition of the sale of a franchise, a...

Section 14-227 - Civil Liability - (a) (1) A person who sells or grants a franchise...

Section 14-228 - Offer or Sale of Franchise Without Registration - (a) Except as otherwise provided in this subtitle, a person...

Section 14-229 - Fraud or Deceit; Untrue Statements or Omissions of Material Fact - (a) In connection with an offer to sell or sale...

Section 14-230 - False or Misleading Statement or Omission in Prospectus or Amendment - (a) In a prospectus or amendment to it, a person...

Section 14-231 - Untrue Statements or Omissions of Material Fact in Applications, Notices, or Reports - (a) A person may not make or cause to be...

Section 14-232 - Failure to Notify Commissioner of Material Change - (a) A person may not fail to notify the Commissioner...

Section 14-233 - Short Title - This subtitle is the Maryland Franchise Registration and Disclosure Law.

Subtitle 3 - Multilevel Distribution Companies

Section 14-301 - "Multilevel Distribution Company" Defined - In this subtitle, “multilevel distribution company” means a person who,...

Section 14-302 - Repurchases Required - (a) A multilevel distribution company may not require a participant...

Section 14-303 - Representations of Earnings - A multilevel distribution company may not represent directly or indirectly...

Section 14-304 - Injunctive Relief - (a) The Attorney General or a State’s Attorney may sue...

Section 14-305 - Penalties - (a) A person who violates this subtitle is guilty of...

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Maryland Statutes Business Regulation Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies

Maryland Statutes
Business Regulation
Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies