Maryland · Maryland Code — Transportation Article
Md. Code, Transp. § 15-305: (a) A license to deal in new vehicles may not be issued to any person unless the manufacturer or distributor of the vehicles is in compliance with the surety bond requirements of § 15–205 of this title
What this law says, in plain English
New vehicle dealer licenses require the manufacturer or distributor to comply with surety bond requirements and hold a valid franchise. License suspension occurs automatically if a franchise is terminated.
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