Ch. 563

LAWS OF MARYLAND

estate [salesman] SALESPERSON, or an employee of a real estate
broker, with respect to the collection of rent and allied charges
for property on behalf of the employing broker.

349.

The application for registration of an offer consists of an
offering prospectus which shall be filed with the Commissioner
and contain the following:

(5) A statement whether any person identified in the
offering prospectus:

(i) Has been convicted of a felony, or pleaded
nolo contendere to a felony charge, or held liable in a civil
action by final judgment if the felony or civil action involved
fraud, embezzlement, fraudulent conversion or misappropriation of
property; or

(ii) Is subject to any currently effective
order of the Securities and Exchange Commission or the securities
administrator of any state denying registration to or revoking or
suspending the registration of this person as a securities broker
or dealer or investment advisor or is subject to any currently
effective order of any national securities association or
national securities exchange as defined in the Securities and
Exchange Act of 1934 suspending or expelling this person from
membership in the association or exchange; or

(iii) Is subject to any currently effective
order or ruling of the Federal Trade Commission; or

(iv) Is subject to any currently effective
injunctive or restrictive order relating to business activity as
a result of an action brought by any public agency or department,
including, without limitation, actions affecting a license as a
real estate broker [or salesman], ASSOCIATE REAL ESTATE BROKER,
OR REAL ESTATE SALESPERSON.

This statement shall set forth the court, date of conviction
or judgment, any penalty imposed or damages assessed, or the
date, nature and issuer of the order.

408.

(b) (2) On the following pages, the disclosure shall
include the following information:

(vi) A statement of whether the seller:

1. Has been convicted of a felony, or
pleaded nolo contendere to a felony charge, or held liable in a
civil action by final judgment if the felony or civil action

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