Section 14-215 - Applications for registration.
§ 14-215. Applications for registration.
(a) In general.- Except as otherwise provided in this section, an applicant for registration shall:
(1) file with the Commissioner:
(i) an application in the form that the Commissioner requires; and
(ii) a prospectus for the franchise; and
(2) pay an application fee of $500.
(b) Alternative application.- Instead of the application for registration and prospectus described in subsection (a) of this section, the Commissioner may accept an application for registration and prospectus that:
(1) are found by the Commissioner to include disclosure requirements similar to those of this subtitle; and
(2) are:
(i) required by a unit of the federal government or another state government; or
(ii) approved by an association of administrators of state franchise laws.
(c) Signature and verification required.- The applicant shall sign and verify the application for registration.
[An. Code 1957, art. 56, §§ 349, 350, 352; 1992, ch. 4, § 2; ch. 26 § 4.]