Current with changes from the 2024 Legislative Session
Section 15-1003 - Application for license(a) In addition to the information required under Subtitle 1 of this title, each application for a license under this subtitle shall include:(1) The address of the principal place of business of the applicant;(2) The address of each place of business from which the applicant will make substantial contacts with dealers in the State; and(3) The nature of the business to be conducted at each address.(b) Each applicant for a license shall submit as part of the application:(1) A copy of each form for any new vehicle warranty currently provided or offered by the applicant;(2) A copy of each franchise contract and any other contract with dealers used by the applicant, together with a list of dealers in the State who hold a franchise from the applicant;(3) A copy of the vehicle preparation and delivery obligations of the dealers described in item (2) of this subsection; and(4) A statement of the compensation structure the applicant agrees to pay a dealer for parts supplied and work done by a dealer under:(i) The preparation and delivery obligations of the dealer; or(ii) Any outstanding express or implied new recreational vehicle warranty.Added by 2024 Md. Laws, Ch. 526,Sec. 1, eff. 10/1/2024.Added by 2024 Md. Laws, Ch. 525,Sec. 1, eff. 10/1/2024.