Maryland Code, Transportation § 15-1010

(a)(1) If a dealer desires to make a transfer in ownership by sale of the business assets, stock transfer, or any other method, the dealer shall give a manufacturer or distributor that has entered into a dealer agreement with the dealer written notice at least 10 business days before the transfer, including all supporting documentation as may be reasonably required by the manufacturer or distributor to determine whether an objection to the transfer may be made.

(2) A manufacturer or distributor may not object to the proposed transfer of ownership unless the prospective transferee:

(b)(1) If the manufacturer or distributor objects to a proposed change of ownership, the manufacturer or distributor shall give written notice to the dealer within 7 business days after receipt of the dealer's notification and complete documentation.

(2) If the manufacturer or distributor does not give timely notice of the objection, the transfer shall be deemed approved.

(c)(1) A dealer shall have an opportunity to designate, in writing, a family member as a successor to the dealer's business in the event of death, incapacity, or retirement of the dealer.

(2) A manufacturer or distributor may object to the successor within 10 business days after receipt of the dealer's succession plan only if the successor: