2010 Maryland Code
BUSINESS REGULATION
TITLE 14 - BUSINESS OPPORTUNITIES, FRANCHISES, AND MULTILEVEL DISTRIBUTION COMPANIES
Subtitle 1 - Business Opportunities
Section 14-122 - Representations of income or earning potential.
§ 14-122. Representations of income or earning potential.
In connection with an offer to sell or sale of a business opportunity, a person may not represent that the business opportunity provides income or earning potential of any kind unless:
(1) the seller has documentation to substantiate the representation; and
(2) the person discloses the documentation to the prospective buyer when the representation is made.
[An. Code 1957, art. 56, § 412; 1992, ch. 4, § 2; 1996, ch. 517.]
Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
