§ 14-223
92 words·~1 min read·
/md/business-regulation/14-223A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§14–223.
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.