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3124
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Ch. 771
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LAWS OF MARYLAND
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TO PROSPECTIVE FRANCHISEES OR SUBFRANCHISORS, OR OTHER
PERSONS, TOGETHER WITH A STATEMENT SETTING FORTH THE DATA
UPON WHICH THE ESTIMATION OR PROJECTION IS BASED.
(17) A STATEMENT OF ANY COMPENSATION OR OTHER
BENEFIT GIVEN OR PROMISED TO A PUBLIC FIGURE ARISING, IN
WHOLE OR IN PART, FROM (I) THE USE OF THE PUBLIC FIGURE
IN THE NAME OR SYMBOL OF THE FRANCHISE OR (II) THE
ENDORSEMENT OR RECOMMENDATION OF THE FRANCHISE BY THE
PUBLIC FIGURE IN ADVERTISEMENTS,
(18) A STATEMENT OF THE NUMBER OF FRANCHISES
PRESENTLY OPERATING OR PROPOSED TO BE SOLD, AS MAY BE
REQUIRED BY RULE OF THE COMMISSIONER.
(19) A STATEMENT AS TO WHETHER FRANCHISEES OR
SUBFRANCHISORS RECEIVE AN EXCLUSIVE AREA FRANCHISE OR
TERRITORY.
(20) OTHER INFORMATION RELATED TO THE APPLICATION
AS THE COMMISSIONER MAY REASONABLY REQUIRE.
(21) OTHER INFORMATION AS THE FRANCHISOR MAY DESIRE
TO PRESENT.
(22) WHEN THE PERSON FILING THE APPLICATION FOR
REGISTRATION IS A SUBFRANCHISOR, THE APPLICATION SHALL
ALSO INCLUDE THE SAME INFORMATION CONCERNING THE
SUBFRANCHISOR AS IS REQUIRED FROM THE FRANCHISOR PURSUANT
TO THIS SECTION.
328.
APPLICATIONS FOR REGISTRATION, REGISTRATION RENEWAL
STATEMENTS, AND AMENDMENTS TO THEM, SHALL BE SIGNED AND
VERIFIED BY THE FRANCHISOR OR BY THE SUBFRANCHISOR. THE
APPLICANT SHALL PAY A REGISTRATION FEE AS FOLLOWS:
(1) THE FEE FOR FILING AN APPLICATION FOR
REGISTRATION OF THE SALE OF FRANCHISES IS $250.
(2) THE FEE FOR FILING AN APPLICATION FOR
RENEWAL OF A REGISTRATION IS $100.
(3) THE FEE FOR AMENDING A REGISTRATION
STATEMENT IS $50.
329.
IF THE COMMISSIONER FINDS THAT IT IS NECESSARY AND
APPROPRIATE FOR THE PROTECTION OF PROSPECTIVE FRANCHISEES
OR SUBFRANCHISORS BECAUSE THE APPLICANT HAS FAILED TO
DEMONSTRATE THAT ADEQUATE FINANCIAL ARRANGEMENTS HAVE
BEEN MADE TO FULFILL THE FRANCHISOR'S OBLIGATIONS TO
PROVIDE REAL ESTATE, IMPROVEMENTS, EQUIPMENT, INVENTORY,
TRAINING, OR OTHER ITEMS INCLUDED IN THE OFFERING, HE MAY
REQUIRE THE ESCROW BY RULE OR REGULATION OR IMPOUND THE
FRANCHISEE FEES AND OTHER FUNDS PAID BY THE FRANCHISEE OR
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