MD SB415

Extends the statute of limitations for Securities Commissioner enforcement actions from 3 years to 5 years after a franchise law violation occurs

Modifies the deadline for franchisees to bring civil liability actions to 4 years after the grant of the franchise, with an alternative period of 2 years after the franchise opened to the public

Establishes franchisee rights to join and participate in trade associations with other franchisees of the same franchise, prohibiting franchisors from restricting this right of free association

Creates the Maryland Franchise Disclosure Document Renewal Fast-Track Review Pilot Program, effective for 6 years (October 1, 2026 through September 30, 2032), with a required report to the legislature by September 30, 2031

Applies franchise civil liability provisions only to franchisees who are Maryland residents or to franchised businesses operating in Maryland