Maryland § 14-103
Full text of Maryland Maryland Code § 14-103, with citation guidance and answers to common questions.
§ 14-103.
(a) This subtitle applies to an offer to sell or sale of a business opportunity if:
(1) the offeree or buyer is a resident of the State;
(2) the business opportunity will be or is operated in the State;
(3) the offer to sell is made in the State; or
(4) the offer to buy is accepted in the State.
(b) (1) For purposes of this section, an offer to sell is made in the State, whether or not either party is then present in the State, if the offer:
(i) originates from the State; or
(ii) is directed by the offeror to the State and is received at:
1. the place to which it is directed; or
2. a post office in the State.
(2) For purposes of this section, an offer to sell is not made in the State only because the publisher circulates or there is circulated on the publisher’s behalf in the State:
(i) a newspaper or other publication of general, regular, and paid circulation that:
1. is not published in the State; or
2. is published in the State but has had more than two-thirds of its circulation outside the State during the past 12 months; or
(ii) a radio or television program that originates outside the State and is received in the State.
(3) For purposes of this section, an offer to buy is accepted in the State if acceptance:
(i) is communicated to the offeror in the State; and
(ii) has not been communicated previously to the offeror, orally or in writing, outside the State.
(4) For purposes of this section, acceptance is communicated to the offeror in the State, whether or not either party is then present in the State, if:
(i) the offeree directs acceptance to the offeror in the State reasonably believing the offeror to be in the State; and
(ii) the acceptance is received at:
1. the place to which it is directed; or
2. a post office in the State.
Frequently Asked Questions About Maryland § 14-103
What does Maryland Code § 14-103 cover?
Section 14-103 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 14-103?
A common citation format is "Maryland Code § 14-103" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 14-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.