§ 14-215

126 words·~1 min read·/md/business-regulation/14-215

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§14–215.

(a)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)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)The applicant shall sign and verify the application for registration.