Terms Used In Maryland Code, BUSINESS REGULATION 14-225

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
A person may not publish an advertisement offering to sell a franchise subject to registration under this subtitle unless:

(1) the person submits a copy of the advertisement to the Commissioner for review at least 7 business days before the first publication of the advertisement unless the Commissioner by regulation or order allows a later submission; or

(2) the advertisement is exempted from review by regulation of the Commissioner.

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