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Session Laws, 1977
Volume 735, Page 860   View pdf image
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360                                             LAWS OF MARYLAND                               Ch. 14
FRANCHISE. IF A FRANCHISE REQUIRED BY THIS SECTION IS
TERMINATED IN ACCORDANCE WITH §15-209 OF THIS TITLE, THE
LICENSE OF THE DEALER SHALL BE SUSPENDED AUTOMATICALLY
UNLESS, BEFORE THE EFFECTIVE DATE OF TERMINATION, THE
LICENSED DEALER FILES SATISFACTORY EVIDENCE THAT THE
FRANCHISE HAS BEEN EXTENDED. THE ADMINISTRATION
IMMEDIATELY SHALL NOTIFY THE LICENSEE OF THE SUSPENSION. REVISOR'S NOTE: This section is new language derived
without substantive change from all but the
first sentence of Art. 66 1/2, §5-105. Throughout this section, the term "franchise",
which is defined in §11-125, is substituted
for present, obsolete references to an
"unexpired appointment ... in writing". Subsection (d) of this section is new language
added to clarify the references in present
Art. 66 1/2, §5—105 to the requirement that a
licensed dealer hold an "unexpired" franchise.
This subsection also clarifies the procedure
for suspension of a dealer's license if a
franchise is terminated under §15-209 of this
title. The first sentence of present Art. 66 1/2,
§5—105(a), which concerns the contents of a
license, now appears in §15—310(3) of this
subtitle. 15-306. APPLICATION FOR LICENSE. IN ADDITION TO THE INFORMATION REQUIRED UNDER
§15-102 SUBTITLE 1 OF THIS TITLE, EACH APPLICATION FOR A
LICENSE SHALL INCLUDE: (1)   THE TYPE OF DEALERSHIP APPLIED FOR; (2)   IF THE APPLICATION IS MADE FOR A PARTNERSHIP,
THE NAME AND ADDRESS OF EACH PARTNER APPLYING FOR THE
PARTNERSHIP; (3)   IF THE APPLICATION IS MADE FOR A CORPORATION
OR FOR A PARTNERSHIP BY A CORPORATE PARTNER, THE NAME
AND ADDRESS OF EACH OF THE OFFICERS APPLYING FOR THE
CORPORATION OR PARTNERSHIP; (4)    IF THE APPLICATION IS MADE FOR A CORPORATION,
THE PLACE OF ITS INCORPORATION; AND (5)   THE NATURE OF THE BUSINESS TO BE CONDUCTED AT
EACH ADDRESS. REVISOR'S NOTE: This section is new language derived
without substantive change from Art. 66 1/2,


 
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Session Laws, 1977
Volume 735, Page 860   View pdf image
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