(a) Except as otherwise provided in this section, an applicant for registration shall:
(1) file with the Commissioner:
(i) an application in the form that the Commissioner requires; and
(ii) a prospectus for the franchise; and
(2) pay an application fee of $500.
(b) Instead of the application for registration and prospectus described in subsection (a) of this section, the Commissioner may accept an application for registration and prospectus that:
(1) are found by the Commissioner to include disclosure requirements similar to those of this subtitle; and
(2) are:
(i) required by a unit of the federal government or another state government; or
(ii) approved by an association of administrators of state franchise laws.
(c) The applicant shall sign and verify the application for registration.
Structure Maryland Statutes
Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies
Section 14-202 - Legislative Policy
Section 14-203 - Scope of Subtitle
Section 14-204 - Subtitle in Addition to Other Law
Section 14-207 - Publication of Information
Section 14-208 - Investigations
Section 14-209 - Interpretive Opinions
Section 14-210 - Civil Enforcement of Subtitle
Section 14-211 - Criminal Proceedings Authorized
Section 14-212 - Miscellaneous Powers
Section 14-213 - Privilege Against Self-Incrimination
Section 14-214 - Registration Required; Exemptions
Section 14-215 - Applications for Registration
Section 14-217 - Escrow Requirements
Section 14-218 - Issuance and Effective Date of Registration
Section 14-219 - Term and Renewal of Registration
Section 14-220 - Amendments to Registration
Section 14-221 - Grounds for Issuing Stop Order
Section 14-222 - Notice; Hearing; Vacating or Modifying Stop Order
Section 14-223 - Copies of Documents to Franchisees
Section 14-224 - Records Required
Section 14-225 - Advertisements Offering Franchises
Section 14-226 - Release From Liability as Condition of Sale
Section 14-227 - Civil Liability
Section 14-228 - Offer or Sale of Franchise Without Registration
Section 14-229 - Fraud or Deceit; Untrue Statements or Omissions of Material Fact
Section 14-230 - False or Misleading Statement or Omission in Prospectus or Amendment
Section 14-232 - Failure to Notify Commissioner of Material Change