Section 14-122 - Representations of income or earning potential.

§ 14-122. Representations of income or earning potential.
 

In connection with an offer to sell or sale of a business opportunity, a person may not represent that the business opportunity provides income or earning potential of any kind unless: 

(1) the seller has documentation to substantiate the representation; and 

(2) the person discloses the documentation to the prospective buyer when the representation is made. 
 

[An. Code 1957, art. 56, § 412; 1992, ch. 4, § 2; 1996, ch. 517.]