There is a newer version of the Maryland Code
2013 Maryland Code
BUSINESS REGULATION
§ 14-120 - Untrue statements or omissions of material facts
MD Bus Reg Code § 14-120 (2013) What's This?
§14-120.
In connection with an offer to sell or sale of a business opportunity, a person may not make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statement made, in light of the circumstances under which it is made, not misleading.
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