Business Regulation - Maryland Franchise Registration and Disclosure Law - Alterations (Franchise Reform Act)

Summary

The bill revises the Maryland Franchise Registration and Disclosure Act by shortening the period the Securities Commissioner can act on franchise violations and the time franchisees have to bring a liability suit. It also bars franchisors from preventing franchisees from associating for certain purposes, ties certain exemption fees to an inflation/deflation index, and creates a pilot fast‑track program for renewing franchise disclosure documents. These changes are intended to improve transparency and protect franchisees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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