Section 13-310.1 - [Effective Until 7/1/2024] Sale of speculative tickets(a)(1) In this section the following words have the meanings indicated.(2)(i) "Resale" means the second or subsequent sale of a ticket.(ii) "Resale" includes a sale by any means, including in person, by telephone, by mail, by e-mail, by facsimile, or through a website or other electronic means.(3) "Reseller" means a person who offers a ticket for resale.(4)(i) "Speculative ticket" means a ticket that is not in the actual or constructive possession of a reseller at the time of sale.(ii) "Speculative ticket" includes a ticket sold by a reseller that, at the time of resale: 1. Is not in the physical possession of the reseller;2. Is not owned by the reseller; or3. Is not under contract to be transferred to the reseller.(5) "Ticket" means physical, electronic, or other evidence, that grants the possessor of the evidence permission to enter a place of entertainment for one or more events at a specified date and time.(b) A reseller may not sell or offer to sell speculative tickets unless the reseller, clearly and conspicuously, discloses to a prospective purchaser at the outset of the sales transaction:(1) That the tickets are speculative tickets, and the reseller is not in possession of the tickets;(2) That the reseller is making an offer to procure the tickets for the prospective purchaser;(3) An approximate date on which the tickets will be delivered to the purchaser;(4) The name or a description of the event for which the tickets will permit entry;(5) The total number of tickets included in the transaction;(6) The number of tickets for seats that are together;(7) The zone or section number of the tickets, to the extent applicable to the venue; and(8) For reserved seat tickets: (i) The seat numbers of the tickets; or(ii) If applicable, that the reseller cannot guarantee the specific seats because the tickets are speculative tickets.(c)(1) A reseller shall refund to a purchaser any consideration or deposit paid for tickets sold under this section if the reseller fails to obtain the tickets: (i) Within 24 hours after the approximate date of delivery specified in subsection (b)(2) of this section, but before the commencement of the event for which the tickets were sold; or(ii) In conformity with the disclosures required under this section.(2) A reseller shall make a refund required under this subsection not later than 10 days after the final day of the event for which the tickets were sold.Added by 2019 Md. Laws, Ch. 307, Sec. 1, eff. 10/1/2019.This section is set out more than once due to postponed, multiple, or conflicting amendments.