§ 14-228
78 words·~1 min read·
/md/business-regulation/14-228A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§14–228.
(a)Except as otherwise provided in this subtitle, a person may not offer to sell, through advertisement or otherwise, or sell a franchise in the State unless the offer of the franchise has been registered under this subtitle.
(b)A person who willfully sells a franchise knowingly violating this section is guilty of a felony and, on conviction, is subject for each violation to a fine not exceeding $10,000 or imprisonment not exceeding 5 years or both.