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Current as of January 01, 2025 | Updated by Findlaw Staff
Before any marketing agreement is concluded, a distributor shall disclose fully to a prospective dealer the following information:
(1) Any gallonage history of the location under negotiation for the shorter of:
(i) The three-year period immediately past; or
(ii) The entire period during which the location has been supplied by the distributor;
(2) The name, last known address, and reason for the termination of the marketing agreement of each person who was a dealer at the location during:
(i) The five-year period immediately past; or
(ii) The entire period during which the location has been supplied by the distributor;
(3) Any commitment for the sale, demolition, or other disposition of the location;
(4) Any training program and any specific goods and services which the distributor will provide for and to the dealer;
(5) Any obligation which will be required of the dealer;
(6) Any restriction on the sale, transfer, and termination of the agreement; and
(7) The total amount of any cash deposit required, any amount of interest to be paid on the deposit, and the conditions for the return of the deposit.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 11-303 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-11-303/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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