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Maryland Code, Business Regulation § 14-302

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) A multilevel distribution company may not require a participant in its marketing program to buy goods or services or pay any other consideration to participate in the marketing program unless the multilevel distribution company agrees to repurchase the goods:

(1) that are in resalable condition; and

(2) that the participant has been unable to sell 3 months after receipt of the goods first ordered.

(b) A multilevel distribution company shall state in writing in each contract of participation in its marketing program that:

(1) a participant may cancel the contract for any reason within 3 months after the date of receipt of goods or services first ordered by written notice to the multilevel distribution company; and

(2) on cancellation, the multilevel distribution company shall repurchase the goods.

(c) The repurchase price shall be at least 90% of the original price paid by the participant.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 14-302 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-14-302/

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