§ 14-218. Issuance and effective date of registration

Latest version.

   (a) Issuance. -- The Commissioner shall register an offer of a franchise if it meets the requirements of this subtitle.

(b) Effective date. -- Unless a stop order is in effect, registration of the offer of a franchise automatically takes effect at:

   (1) noon on the 30th business day after an application for registration or the last amendment to it is filed; or

   (2) an earlier time that the Commissioner sets.

HISTORY: An. Code 1957, art. 56, § 354; 1992, ch. 4, § 2; ch. 26, § 4.

                    
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