2010 Maryland Code
BUSINESS REGULATION
TITLE 14 - BUSINESS OPPORTUNITIES, FRANCHISES, AND MULTILEVEL DISTRIBUTION COMPANIES
Subtitle 2 - Franchises
Section 14-220 - Amendments to registration.
§ 14-220. Amendments to registration.
(a) Application for amendment to registration.- If there is a material change in the information that a registrant previously filed with the Commissioner, the franchisor shall:
(1) file promptly with the Commissioner an application to amend the registration; and
(2) pay a fee of $100.
(b) Form.- The registrant shall sign and verify the application to amend the registration.
(c) Regulations.- The Commissioner by regulation may state:
(1) what constitutes a material change; and
(2) the circumstances under which a revised prospectus shall accompany an application to amend the registration.
(d) Effective date of amendment.- If the Commissioner approves the amendment to the registration, the amendment takes effect on the date the Commissioner sets after considering the public interest and the protection of franchisees.
[An. Code 1957, art. 56, §§ 350, 361, 362; 1992, ch. 4, § 2; ch. 26, § 4; 1993, ch. 5, § 1.]
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