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× The Franchise Registration States are states that, in addition to the Federal Franchise Laws, have issued supplemental franchise laws and require franchisors to register their Franchise Disclosure Document (FDD) with a local state regulator before offering or selling a franchise within the state.
Maryland General Franchise Laws Reg. Law §14-201 defines many of the terms involved, laying the groundwork for all the state franchise laws. A franchise is a sales agreement to give the right to sell or distribute goods and services via a proprietary system and brand in exchange for a franchise fee of some manner.
Maryland Franchise Registration and Disclosure Law The FDD with a state cover page. The Franchise Seller Disclosure Form. The Uniform Franchise Registration Application. Consent to Service of Process. The franchisor's costs and sources of funds. Copies of advertising and promotional materials. Consent of accountant.
Maryland is one of about 15 states in the United States that requires ?registration? of franchise offerings. Before you offer or sell any franchise in Maryland or to any Maryland residents, you must first register your franchise offering with the Securities Division, Office of the Attorney General.
What are Maryland's FDD Registration and Renewal Fees? The initial FDD registration fee is $500 and the annual FDD renewal fee is $250.
Kentucky is a franchise filing state and has a franchise filing fee of $0. Maine is a franchise filing state and has a filing fee of $25. Nebraska is a franchise filing state and has a filing fee of $100. North Carolina is a franchise filing state and has a filing fee of $250.
Maryland is a franchise registration state and under the Maryland Franchise Registration and Disclosure Law franchisors must file and register their FDD before offering or selling a franchise in the state.