32 M.R.S. §4692: When disclosure statement must be provided
Where this section sits in the code
- TITLE 32: PROFESSIONS AND OCCUPATIONS
- CHAPTER 69-B: REGULATIONS OF THE SALE OF BUSINESS OPPORTUNITIES
Seller shall provide all purchasers with a disclosure statement meeting the requirements of this chapter at the earliest of: at least 72 hours before the purchaser signs a business opportunity agreement; at least 72 hours before the purchaser makes payment of any consideration in connection with the sales or proposed sale of the business opportunity; or the first face-to-face meeting between the seller and the purchaser that is held for the purpose of discussing the sale or proposed sale of a business opportunity.
Collected 2026-09-04T15:12:37Z. Source file · JSON