Plain Text Law

§ 14–223

Statutes in effect as of October 1, 2026.

Md. Code Ann., Bus. Reg. § 14-223 (2026)
Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies
Subtitle 2. Franchises

§ 14–223Copy Citation

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.