§ 15-206.1. Good faith

Latest version.

   (a) "Good faith" defined. -- In this section, "good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.

(b) Required. -- A manufacturer, distributor, or factory branch, whether directly or through an agent, employee, or representative, may not fail to act in good faith:

   (1) In acting or purporting to act under the terms, provisions, or conditions of any franchise agreement; or

   (2) In any transaction or conduct governed by this subtitle.

HISTORY: 2001, ch. 667.

                    
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