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Becoming a Financial Advisor in Maryland Get Your Education. Get the right degree.Step 2: Register Your Firm in Maryland.Step 3: Get Your Registered Investment Adviser License in Maryland by Taking the Required Exam.Step 4: Ongoing Renewal and Update Requirements in Maryland.
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Maryland is a franchise registration state and has enacted franchise laws. Under Maryland Franchise Law, before offering or selling a franchise in the state you must register your FDD with the Securities Division of the Maryland Attorney General's Office.
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Franchise registration is a supplement to the Federal Franchise Laws that require franchisors to properly issue a FDD and to disclose that FDD to prospective franchisees not less than 14 calendar days before the franchisee (i) may sign a franchise agreement, or (ii) pay any fees.
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.
Allow 90 business days for the completion of the application process. If the Licensing Division does not receive the renewal application, satisfactorily completed, by the expiration date, the applicant must begin as a new applicant and complete all requirements necessary for an initial application.
Franchise Registration States California. California is a franchise registration state.Hawaii. Hawaii is a franchise registration state.Illinois. Illinois is a franchise registration state.Indiana. Indiana is a franchise registration state.Maryland. Maryland is a franchise registration state.Michigan.Minnesota.New York.
To take part in these opportunities, documents to be submitted to comply with Maryland franchise law and registration include: 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.