§ 14–231
Statutes in effect as of October 1, 2026.
Md. Code Ann., Bus. Reg. § 14-231 (2026)
Title 14. Business Opportunities, Franchises, and Multilevel Distribution Companies
Subtitle 2. Franchises
§ 14–231LinkCopy Citation
(a)
A person may not make or cause to be made an untrue statement of a material fact or omit to state a material fact in an application for registration, to amend registration, or for renewal or in a notice or report filed with the Commissioner under this subtitle.
(b)
A person who willfully sells a franchise knowingly violating this section is guilty of a felony and, on conviction, is subject for each violation to a fine not exceeding $10,000 or imprisonment not exceeding 5 years or both.