Section 14-215 - Applications for registration. - Maryland Statutes

§ 14-215. Applications for registration.
 

(a)  In general.- Except as otherwise provided in this section, an applicant for registration shall: 

(1) file with the Commissioner: 

(i) an application in the form that the Commissioner requires; and 

(ii) a prospectus for the franchise; and 

(2) pay an application fee of $500. 

(b)  Alternative application.- Instead of the application for registration and prospectus described in subsection (a) of this section, the Commissioner may accept an application for registration and prospectus that: 

(1) are found by the Commissioner to include disclosure requirements similar to those of this subtitle; and 

(2) are: 

(i) required by a unit of the federal government or another state government; or 

(ii) approved by an association of administrators of state franchise laws. 

(c)  Signature and verification required.- The applicant shall sign and verify the application for registration. 
 

[An. Code 1957, art. 56, §§ 349, 350, 352; 1992, ch. 4, § 2; ch. 26 § 4.]