# Business Regulation (GBR)

## Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies

### Subtitle 1. Business Opportunities

#### Section 14-113

A person may not sell or offer to sell any business opportunity in the State or to any prospective buyer in the State unless the business opportunity is registered under this subtitle.

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Md. Code Ann., Bus. Reg. (as displayed at mgaleg.maryland.gov, October 16, 2026)