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Session Laws, 1996
Volume 794, Page 2988   View pdf image
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Ch. 517

1996 LAWS OF MARYLAND

Annotated Code of Maryland
(1992 Volume and 1995 Supplement)

BY repealing and reenacting, without amendments,
Article - Business Regulation
Section 14-102, 14-105 through 14-109, 14-111, 14-112, 14-115, 14-116, 11 119,

and 14-120 through 14-129
Annotated Code of Maryland
(1992 Volume and 1995 Supplement)

BY repealing

Article - Business Regulation

Section 14-110 and 14-113, 14-113, and 14-118

Annotated Code of Maryland

(1992 Volume and 1995 Supplement)

BY adding to

Article - Business Regulation

Section 14-110, 14-113, 14-113.1, and 14-119.1 14-119

Annotated Code of Maryland

(1992 Volume and 1995 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Business Regulation

14-101.

(a)     In this subtitle the following words have the meanings indicated.

(b)     "Business opportunity" means an arrangement between a buyer and seller in
which:

(1) the seller[:

(1)     sells or leases to the buyer products, equipment, supplies, or services to
enable the buyer to start a business; and

(2)     represents that the seller:

(i) will provide or help the buyer to get accounts or retail outlets for
the use or operation of vending machines, racks, display cases, currency-operated
amusement machines, or other similar devices on premises neither owned nor leased by
the buyer or seller;

(ii) will buy products that the buyer makes, fabricates, grows, breeds,
or modifies by using, wholly or partly, the products, equipment, supplies, or services sold
or leased to the buyer;

- 2988 -

 

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Session Laws, 1996
Volume 794, Page 2988   View pdf image
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