Section 14-220 - Amendments to registration. - Maryland Statutes

§ 14-220. Amendments to registration.
 

(a)  Application for amendment to registration.- If there is a material change in the information that a registrant previously filed with the Commissioner, the franchisor shall: 

(1) file promptly with the Commissioner an application to amend the registration; and 

(2) pay a fee of $100. 

(b)  Form.- The registrant shall sign and verify the application to amend the registration. 

(c)  Regulations.- The Commissioner by regulation may state: 

(1) what constitutes a material change; and 

(2) the circumstances under which a revised prospectus shall accompany an application to amend the registration. 

(d)  Effective date of amendment.- If the Commissioner approves the amendment to the registration, the amendment takes effect on the date the Commissioner sets after considering the public interest and the protection of franchisees. 
 

[An. Code 1957, art. 56, §§ 350, 361, 362; 1992, ch. 4, § 2; ch. 26, § 4; 1993, ch. 5, § 1.]