Unannotated Code of Maryland (Last Updated: May 16, 2014) |
BUSINESS REGULATION |
TITLE 14. BUSINESS OPPORTUNITIES, FRANCHISES, AND MULTILEVEL DISTRIBUTION COMPANIES |
SUBTITLE 3. MULTILEVEL DISTRIBUTION COMPANIES |
§ 14-303. Representations of earnings
Latest version.
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A multilevel distribution company may not represent directly or indirectly that participants in its marketing program may or will earn a stated gross or net amount or represent in any way the past earnings of participants unless the stated gross amount, net amount, or past earnings:
(1) are those of a substantial number of participants in the community or geographic area where the representation is made; and
(2) accurately reflect the average earnings of participants under circumstances similar to those of the participant or prospective participant to whom the representation is made.