Issuance and effective date of registration

  1. Law
  2. Maryland Code
  3. Business Regulation
  4. Business Opportunities, Franchises, and Multilevel Distribution Companies
  5. Franchises
  6. Issuance and effective date of registration

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    (a)    The Commissioner shall register an offer of a franchise if it meets the requirements of this subtitle.

    (b)    Unless a stop order is in effect, registration of the offer of a franchise automatically takes effect at:

        (1)    noon on the 30th business day after an application for registration or the last amendment to it is filed; or

        (2)    an earlier time that the Commissioner sets.


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