§ 14–219
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 14-219 (2026)
Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies
Subtitle 2. Franchises
§ 14–219LinkCopy Citation
(a)
(1)
Unless registration of an offer of a franchise is renewed for a 1-year term as provided in this section, the registration expires on the first anniversary of its effective date.
(2)
However, the Commissioner by regulation or order may set a different term of registration.
(b)
(1)
Before registration expires, the registrant periodically may renew it for an additional 1-year term, if the registrant:
(i)
at least 15 business days before the expiration of registration files with the Commissioner:
(1)
a renewal application on the form that the Commissioner provides; and
(2)
a prospectus;
(ii)
otherwise is entitled to be registered; and
(iii)
pays a renewal fee of $250.
(2)
The registrant shall sign and verify the renewal application.
(3)
The Commissioner by order may allow a registrant to submit a renewal application after the 15th business day before expiration of the registration.
(c)
The Commissioner shall renew the registration of an offer of a franchise if it meets the requirements of this section.
(d)
Unless a stop order or other order is in effect under this subtitle, renewal of the registration of the offer of a franchise automatically takes effect at:
(1)
noon on the day when the previous registration is due to expire; or
(2)
an earlier time that the Commissioner sets.