2013 Maryland Code
TRANSPORTATION
§ 15-206 - Scope of license


MD Transp Code § 15-206 (2013) What's This?

§15-206.

A license issued under this subtitle authorizes the licensee to conduct the business of a manufacturer, distributor, or factory branch, as the case may be, during the license year for which it is issued.

§ 15-206 - 1. Good faith

(a) "Good faith" defined. -- In this section, "good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

(b) Required. -- A manufacturer, distributor, or factory branch, whether directly or through an agent, employee, or representative, may not fail to act in good faith:

(1) In acting or purporting to act under the terms, provisions, or conditions of any franchise agreement; or

(2) In any transaction or conduct governed by this subtitle.

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