Maryland Statutes
Subtitle 1 - Business Opportunities
Section 14-126 - Remedies for Violation

(a)    (1)    If a seller violates a provision of §§ 14-120 through 14-125 of this subtitle, the buyer, within 1 year after the date of a contract for the sale of a business opportunity:
            (i)    may void the contract; and
            (ii)    is entitled to receive from the seller a refund of any money paid to the seller.
        (2)    On receipt of the refund, the buyer shall make available to the seller any products, equipment, or supplies received from the seller at:
            (i)    the buyer’s address; or
            (ii)    the place where the products, equipment, or supplies were located when notice to void the contract was given.
        (3)    However, the buyer may not be unjustly enriched by exercising a remedy under this subsection.
    (b)    A buyer may sue for damages, including reasonable attorney’s fees, if the buyer is injured by:
        (1)    a violation of this subtitle; or
        (2)    the seller’s breach of a contract for the sale of a business opportunity.
    (c)    On complaint that a seller has violated this subtitle, the circuit court may enjoin the seller from further violation.
    (d)    The remedies in this section are in addition to any other remedy provided by law or in equity.

Structure Maryland Statutes

Maryland Statutes

Business Regulation

Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies

Subtitle 1 - Business Opportunities

Section 14-101 - Definitions

Section 14-102 - Legislative Policy

Section 14-103 - Scope of Subtitle

Section 14-104 - Exclusions

Section 14-105 - Delegation

Section 14-106 - Orders, Regulations, and Forms

Section 14-107 - Publication of Information

Section 14-108 - Investigations

Section 14-109 - Hearings

Section 14-110 - Civil Enforcement of Subtitle

Section 14-111 - Miscellaneous Powers

Section 14-112 - Privilege Against Self-Incrimination

Section 14-113 - Registration of Business Opportunity Required

Section 14-113.1 - Registration of Business Opportunity

Section 14-114 - Disclosure Statement

Section 14-115 - Bond or Trust Account

Section 14-116 - Amendments to Documents

Section 14-117 - Renewal

Section 14-118 - Contracts for the Sale of Business Opportunities

Section 14-119 - Denial of Effectiveness to Registration, Suspension, or Revocation of Registrations

Section 14-120 - Untrue Statements or Omissions of Material Facts

Section 14-121 - Fraud or Deceit

Section 14-122 - Representations of Income or Earning Potential

Section 14-123 - Use of Commercial Symbol

Section 14-124 - Reference to Compliance

Section 14-125 - Failure to Deliver Products, Equipment, or Supplies

Section 14-126 - Remedies for Violation

Section 14-127 - False or Misleading Statement or Omission of Material Fact

Section 14-128 - General Penalty

Section 14-129 - Short Title