State Codes and Statutes
Statutes > Maryland > Business-regulation > Title-14 > Subtitle-2 > 14-223§ 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.]
