Section 15-206.1 - Good faith.

§ 15-206.1. Good faith.
 

(a)  "Good faith" defined.- In this section, "good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade. 

(b)  Required.- A manufacturer, distributor, or factory branch, whether directly or through an agent, employee, or representative, may not fail to act in good faith: 

(1) In acting or purporting to act under the terms, provisions, or conditions of any franchise agreement; or 

(2) In any transaction or conduct governed by this subtitle. 
 

[2001, ch. 667.]