Current with changes from the 2024 Legislative Session
Section 15-1007 - Good faith(a) In this section, "good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing in the trade.(b) A manufacturer, distributor, or factory branch, whether directly or through an agent, an employee, or a 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.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.