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Section 14-228 - Offer or Sale of Franchise Without Registration — Maryland Law | CourtGPT
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  4. Business Regulation - Title 1 - Definitions; General Provisions/
  5. Title 14 - Business Opportunities, Franchises, and Multilevel Distribution Companies/
  6. Subtitle 2 - Franchises/
  7. Section 14-228 - Offer or Sale of Franchise Without Registration
Maryland Legal Code

Section 14-228 - Offer or Sale of Franchise Without Registration

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(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.