Maryland Code, BUSINESS REGULATION 14-218
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Terms Used In Maryland Code, BUSINESS REGULATION 14-218
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
(a) The Commissioner shall register an offer of a franchise if it meets the requirements of this subtitle.
(b) Unless a stop order is in effect, registration of the offer of a franchise automatically takes effect at:
(1) noon on the 30th business day after an application for registration or the last amendment to it is filed; or
(2) an earlier time that the Commissioner sets.