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Start with the actual package
Title 32, Chapter 69-B addresses specified location assistance, buyback, earnings/refund promises and marketing assistance, subject to its wording and exceptions. The federally registered-mark qualification belongs to the marketing-program branch, not every other trigger.
An equipment-and-training offer with an independent buyback promise needs that separate coverage analysis before using the covered timetable.
Match the duty to its earliest event
The state timetable is independent of federal franchise disclosure.
| Event | Covered-route requirement |
|---|---|
| Selling, offering, advertising or promotion | Section 4696 requires registration first. |
| Buyer disclosure | Section 4692 uses the earliest specified 72-hour pre-agreement/pre-payment event or first face-to-face sales meeting. Calling a relevant sales meeting informal does not remove the trigger. |
| Buyer withdrawal | Section 4698 allows the buyer to withdraw by written notice within three full business days following the contract day, with its goods/funds return provisions. Signature does not make all receipts irreversible. |
| Financial security | Sections 4695–4697 have applicable security, registration and exception conditions; do not assume every seller needs the same arrangement. |
| Changed material information | Update the disclosure statement as material information changes under 4696; annual renewal is not the only update. |
| Registration year | Section 4697: one year from effectiveness. Renewal needs current disclosure, required fee and qualifying security evidence; failure to renew expires registration. |
Scope
- The official PDF is current through October 1, 2026 and is not the officially certified annotated text. Current forms, certified wording and case-specific interpretation may need confirmation.
- Exact coverage, exceptions and all return obligations are not determined here.
Next step
Check coverage before promoting, then compare the first sales meeting with the agreement/payment disclosure triggers.
Sources & review notes
Maine Office of the Revisor of Statutes
Passage, dates and research notes
primary · 4691–4699; source currency through 2026-10-01
Every seller shall register with the Securities Administrator prior to selling, offering to sell, advertising
Full cited chapter read; official PDF generated 2026-10-05 says current through 2026-10-01 and not officially certified. State claims statutory-text rights; only a short evidence excerpt is used, with original paraphrase. Certified text available in annotated statutes/supplements.
Detailed rule records (3)
Under current Title 32 Chapter 69-B, covered sellers register before selling, offering, advertising or promotion. Section 4692 requires disclosure at the earliest specified 72-hour pre-agreement/pre-payment point or the first face-to-face sales meeting. The registered-mark language in 4691 qualifies the marketing-program limb; other triggers remain separate.
Maine Revised Statutes Title 32 Chapter 69-BFor a covered business opportunity, 4698 permits written avoidance within three full business days following contract day and sets return-of-goods/funds provisions. Sections 4695–4697 cover financial security, registration and renewal with exceptions. Record those obligations independently of the federal franchise disclosure clock.
Maine Revised Statutes Title 32 Chapter 69-BSection 4696 requires updating the disclosure statement as material information changes. Section 4697 makes a registration effective for one year from effectiveness; annual renewal requires a current disclosure statement, required fee and evidence of qualifying security. Failure to renew expires the registration.
Maine Revised Statutes Title 32 Chapter 69-BKeep this reading in your learning library.
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