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Md. Code, Business Regulation § 14-223

This is the official text of Md. Code, Business Regulation § 14-223, part of Maryland’s Code, Business Regulation — governs general business licensing and regulation.

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§14–223.

Official statutory text

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.

Status: in_force · Read it on the official government site

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