Section 14-223 - Copies of documents to franchisees. - Maryland Statutes

§ 14-223. Copies of documents to franchisees.
 

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. 
 

[An. Code 1957, art. 56, § 357; 1992, ch. 4, § 2; 2010, ch. 168.]