MD HB992

Extends the Securities Commissioner's enforcement window from 3 to 5 years after a franchise law violation occurs

Modifies the statute of limitations for franchise liability actions to the earlier of 5 years after the franchise grant, or 3 years after grant/2 years after the franchise opens to the public

Prohibits franchisors from restricting or inhibiting franchisees' rights to join trade associations or freely associate with other franchisees for lawful purposes, with civil remedies including injunctive relief, damages, and attorney's fees

Establishes a 6-year pilot program (expiring September 30, 2031) for expedited review of franchise registration renewal applications when registrants file required documents within 30 calendar days after their fiscal year ends

Takes effect October 1, 2025