Section 11-303 - Information to be given by distributor to prospective dealer. - Maryland Statutes

§ 11-303. Information to be given by distributor to prospective dealer.
 

Before any marketing agreement is concluded, a distributor shall disclose fully to a prospective dealer the following information: 

(1) Any gallonage history of the location under negotiation for the shorter of: 

(i) The three-year period immediately past; or 

(ii) The entire period during which the location has been supplied by the distributor; 

(2) The name, last known address, and reason for the termination of the marketing agreement of each person who was a dealer at the location during: 

(i) The five-year period immediately past; or 

(ii) The entire period during which the location has been supplied by the distributor; 

(3) Any commitment for the sale, demolition, or other disposition of the location; 

(4) Any training program and any specific goods and services which the distributor will provide for and to the dealer; 

(5) Any obligation which will be required of the dealer; 

(6) Any restriction on the sale, transfer, and termination of the agreement; and 

(7) The total amount of any cash deposit required, any amount of interest to be paid on the deposit, and the conditions for the return of the deposit. 
 

[An. Code 1957, art. 23, § 167D; 1975, ch. 49, § 3.]